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Calculate the simple interest. $100 at 6.3% for 3 years?

kittykawaii14  Oct 11, 2017
 #1
avatar+86890 
+1

Interest  = Principal * rate * time     ......so we have

 

I   =  100 * .063  *  3  = $18.90

 

 

cool cool cool

CPhill  Oct 11, 2017

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