2 years ago

Math interest, I, P, R,TI will give more points to you once questions are completed.

Mathematics

1 answer:

anyanavicka [17]2 years ago

4 0

The interest based on the information given is $2564.

<h3>How to calculate the interest?</h3>

From the information given, the following can be deduced:

Principal = $36900

Time = 178 days

Rate = 14.25%

The simple interest will be:

= (PRT)/100

= (36900 × 14.25 × 178/365)/100

= $2564

Learn more about interest on:

brainly.com/question/26011426

#SPJ1

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ANSWER: -24/625 (or -0.0384)

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