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bonufazy [111]
3 years ago
9

If you invest $1,600 at 5.35% for 18 months how much simple interest is earned​

Mathematics
2 answers:
natima [27]3 years ago
7 0

Answer:

1540.8

Step-by-step explanation:

i=prt

i= 1600(.0535)(18)

i=1540.8

also i is equal to interest, p is equal to principal, r is equal to rate and t is equal to time.

valentinak56 [21]3 years ago
6 0

Answer:

Step-by-step explanation:

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Answer:

$120

Step-by-step explanation:

I would like to rewrite your question for others easy to understand:

<em>"Three sisters want to Buy a pda for their father for fathers' day. The least expensive pda in the store  is $360. Writen and slove an inequality to fund the least amout of money each girl would have ti contrubute if each contribute an equal amount" </em>

<em />

Let X is the the amount one girl contribute, we have 3 girls => 3X

The least expensive pda in the store  is $360, so the total contributed amount must be equal or smaller than the pda cost

<=> 3X  \leq 360

<=> X \leq 120

So the least amout of money each girl would have to contrubute is $120

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3 years ago
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