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?
Answers
Answered by
Ms. Sue
I = principle times rate times time
I = 700 * 0.065 * 1
I = $45.50
I = 700 * 0.065 * 1
I = $45.50
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