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18 February, 11:16

8. Calculate the amount of simple interest on $15,500 for 4 years at

6.5% interest to the nearest dollar.

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Answers (1)
  1. 18 February, 12:23
    0
    SI=PTR/100

    SI=15500*4*6.5/100

    SI=403000/100

    SI=4030$
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