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Semmy [17]
3 years ago
15

How much simple interest is earned on $8,000 at an interest rate of 4.25% in 4 1/2 years? Show work please.

Mathematics
1 answer:
lesya [120]3 years ago
3 0
I=P×RxT

8,000×0.0425×4.5

36,000×.0425
$1530-answer.
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