Question

Calculate the interest produced by a principal of $ 4,500 at 5% annual simple interest in 8 months.

Answer 1

Answer:

4,500 x 5 = 22,500

4,500 divided by 5 = 900

4,500 plus 5 = 4,505

4,500 minus 5 = 4,495

Step-by-step explanation:

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