find the simple interest on 4500 at 1.5% per month for 2½ years
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How to calculate the Simple Interest Formula, how to solve interest problems using the simple interest formula, How to use the ... Wanda borrowed $3,000 from a bank at an interest rate of 12% per year for a 2-year period.
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Answer:
simple interest=(4500×1.5×30)/100
=2025
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