vliu732
18.08.2019 •
Mathematics
Question 3
find the interest. round to the nearest cent.
$1850 at 8% for 14 months
Solved
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Ответ:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Ответ:
2.25
Step-by-step explanation: