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Asked by Linda

if the principle $700, the rate 6 1/2% and a 1year, What is the amount of interest? what is the future value?


13 years ago

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Answered by Ms. Sue
I = principle times rate times time

I = 700 * 0.065 * 1

I = $45.50

13 years ago
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if the principle $700, the rate 6 1/2% and a 1year, What is the amount of interest? what is the future value?


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