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## Tyler invests $4,200 dollars at 5% simple interest and collects $840 interest after x years. What is the value of x? 2 3 4

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## Answers ( )

The value of x is 4Step-by-step explanation:The formula for simple interest is:

Here

P is principal amount

r is interest rate

and t is the time in years

We know

Interest = $840

Rate = r = 5%

P = $4200

Putting the values in the formula

Hence,

The value of x is 4Keywords:Simple interestLearn more about simple interest at:#LearnwithBrainly