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Calculate the simple interest.

​$500 at 6.2​% for 4 years

 Oct 12, 2017
edited by kittykawaii14  Oct 12, 2017
 #1
avatar+98196 
+1

 

Interest  =  Principal * Rate * Time

 

Interest  = 500 *   .062 * 4  =  $124

 

 

cool cool cool

 Oct 12, 2017

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