#### Answer

The correct answer is (b).

#### Work Step by Step

The equation in (b), $I=Prt$, is the correct simple interest formula.

Published by
Pearson

ISBN 10:
0321979478

ISBN 13:
978-0-32197-947-6

The correct answer is (b).

The equation in (b), $I=Prt$, is the correct simple interest formula.

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