Determine the simple interest earned on $$ \$ 10,000 $$ after 10 years if the APR is $$ 17 \% $$

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To determine the simple interest earned on $10,000 after 10 years with an APR of 17%, we can use the formula for simple interest:

$$ \text{Simple Interest} = \text{Principal} \times \text{Rate} \times \text{Time} $$

Given:
- Principal = $10,000
- APR = 17% = 0.17
- Time = 10 years

Substitute the values into the formula:

$$ \text{Simple Interest} = \$10,000 \times 0.17 \times 10 $$

Now, we can calculate the simple interest earned.
Calculate the value by following steps:
- step0: Calculate:
  $$10000\times 0.17\times 10$$
- step1: Multiply the terms:
  $$1700\times 10$$
- step2: Multiply the numbers:
  $$17000$$
The simple interest earned on $10,000 after 10 years with an APR of 17% is $17,000.
The simple interest earned is $17,000.

Determine the simple interest earned on after 10 years if the APR is

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