LibbinsSmillyblay LibbinsSmillyblay

12-06-2016
Mathematics

contestada

find the simple interest on $900 for 18 months at a rate of 9.5% per year

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metchelle metchelle

12-06-2016

To get the simple interest, we must use the formula: I= (p)(r )( t)
So, in this one we need to multiply $900x18x9.% and the answer will be $128.25. This is the amount of interest they are going to pay per year.

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