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15-03-2019
Mathematics

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A savings account earns 6% simple interest per year. The principal is $800. What is the balance after 18 months?

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charlotteabood charlotteabood

15-03-2019

Answer:

$72

Step-by-step explanation:

Interest= PNR

p = principal

n = number of years

r = rate of interest

i = 6% x 800 x 18/12

i = 72

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