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If you borrow $500.00 at 4.5% for a nine month period, what is the interest amount and how much must you pay back
14 years ago

Answers

Damon
interest = .045* 500 * time in years which is 9/12 = .75
.045 * 500 * .75 = interest

pay back = 500 + interest
14 years ago

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