Asked by layne brooks

a deposit of 4000 at 6.5% for 270 days show amount of interest earned
answer 2870
Answered by Ms. Sue
No. You wouldn't pay almost 3000 for a 4,000 loan for less than a year.

I = PRT

I = 4,000 * 0.065 * 0.74

I = $192.40
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