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Given the simple interest formula,
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
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Mark
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
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John
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
190 views
Determine the accrued interest and the final amount of a $10,000 investment with a 4.75% simple interest rate over a period of
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quandale dingle
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Chloe deposits $2,000 in a money market account. The bank offers a simple interest rate of 1.2%. How much interest will she earn
1 answer
208 views
Chloe deposits $2,000 in a money market account. The bank offers a simple interest rate of 1.2%. How much interest will she earn
21 answers
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L311
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hloe deposits $2,000 in a money market account. The bank offers a simple interest rate of 1.2%. How much interest will she earn
1 answer
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Ice bear
121 views
Chloe deposits $2,000 in a money market account. The bank offers a simple interest rate of 1.2%. How much interest will she earn
1 answer
asked by
Confused Person
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Find the finance charge (interest) due on a 9-month loan of $2,400 at a simple interest rate of 10%.(Use the formula for simple
4 answers
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Gregg
835 views