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3 years ago

8

A deposit of $1,295 at 7% for 180 days what is the interest earned

1 answer:

wariber [46]3 years ago

7 0

The formula is
I=prt
I interest earned?
P principle 1295
R interest rate 0.07
T time 180/365
I=1,295×0.07×(180÷365)
I=44.70

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