Find the simple interest and amount on
600 for 8 months at 2.5% per month
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Answered by
3
Answer:
120
Step-by-step explanation:
600×8×2.5/100 so by solving we get 120
Answered by
1
You deposit some money into a bank account paying 4% simple interest per ... How much the deposit (principal) was? ... Find principal by using the formula $ I = P \cdot i \cdot t $, where I is interest, ... \frac{I}{i \cdot t} \\ P &= \frac{ 72 }{ 0.04 \cdot 3} \\ P &= 600 \end{aligned}$$ ... 0 1 2 3 4 5 6 7 8 9 . del ... years
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