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 Sep 25, 2018
 #1
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Using  I  = Prt

 

Where P  = 2900  r = 3.35%  = .0335   and  t  = 1

 

Interest charge at the end of the first month = 2900 * (.0335)   = $97.15

 

 

cool cool cool

 Sep 25, 2018

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