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Asked by Juanita

Joe invests $1500 for 1 year at 7.5%. How much interest will he earn?
8 years ago

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Answered by damiensandowz
$1,125.

Interest = P*T*R/100
= 1500 * 1 * 7.5/100
= 112500/100
= 1125
8 years ago
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Joe invests $1500 for 1 year at 7.5%. How much interest will he earn?

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