3 years ago

This is Simple Interest 7 grade Ratio and Percent Problems

1 answer:

8 0

Formula: total = principal x (1 + (interest rate x loan time))

total = 1000 x (1 + (0.055 x 2))

total = 1000 x (1 + 0.11)

total = 1000 x 1.11

total = $1110

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nevsk [136]

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