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bubaweird
bubaweird bubaweird
  • 02-02-2015
  • Mathematics
Answered

$970 at 4 1/4% simple interest for 2 years

Verified Answer :

logo88
logo88 logo88
  • 07-02-2015

For simple interest 
i=prn
where i= interest p=amount invested, r=rate n=time period
i= 9704 and 1/4 2
i= $8245

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