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31 January, 01:30

Find the simple interest. Principal $300. Rate 6.2% time 1/2 year.

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  1. 31 January, 03:03
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    Simple interest

    = $ { (300*6.2*1) / 2}/100

    = $ (1860/3) / 100

    = $ (620/100)

    = $ 6.2
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