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19 July, 20:46

Determine the simple interest on an account paying 6.5% annually interest of an investment of $5,250.

a.

$341.25

b.

$343.08

c.

$345.02

d.

$347.96

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Answers (1)
  1. 19 July, 21:01
    0
    I=prt

    I=5,250*0.065*1

    I=341.25
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