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Martin takes out a simple-interest

Choose the one alternative that best completes the statement or answers the question.Solve the problem. Assume that simple
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2. asked by Alex
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Martin takes out a simple-interest loan at 7.5 %. After 6 months, the amount of interest on the loan is $69.64. What was the
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2. asked by anonymous
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Martin invested $6,500 in a bank at a simple interest rate of 6.5%. How much interest would he receive after 4 years? Use I=PRT
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2. asked by heidi
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Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
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Compounding interest means interest accrues _____.(1 point) Responses more quickly than simple interest more quickly than simple
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2. asked by Katana Yama
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Compounding interest means interest accrues _____.(1 point) Responses more slowly than simple interest more slowly than simple
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2. asked by Katana Yama
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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
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2. asked by 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
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2. asked by 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
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2. asked by John
3. 159 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. 29 views