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Use the formula for Interest: P = $250 r = 7.2% Y= 5 A = ?

 Oct 21, 2014

Best Answer 

 #1
avatar+130511 
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Using I = Prt , we have

I = 250(.072)(5) = $90

 

 Oct 21, 2014
 #1
avatar+130511 
+5
Best Answer

Using I = Prt , we have

I = 250(.072)(5) = $90

 

CPhill Oct 21, 2014

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