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17 December, 14:39

Simon invested $ 1,550 at 6.5 simple interest. He earned $302.25 in interest after t years. What is the value of t?

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  1. 17 December, 16:55
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    6.5% of 1,550 = 1,550 *.065 = 100.75 per year 100.75 * T years = 302.25 T = 302.25/100.75 = 3 years

    ur answer is 3
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