SOLUTION: I have done 7/10 of my homework. I will submit each one separately. The answers are randomized on the back, but it seems as if they aren't correct. 1073.50, 19, 6.995 find th

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Question 643882: I have done 7/10 of my homework. I will submit each one separately.
The answers are randomized on the back, but it seems as if they aren't correct.
1073.50, 19, 6.995
find the total cost of a sofa if the ticket price was $950 and the funiture store set up a simple interest loan for 2 years with an interest rate of 6.5%.
I tried I= 950 times .065 times 2

Found 2 solutions by MathLover1, stanbon:
Answer by MathLover1(20850)   (Show Source): You can put this solution on YOUR website!





Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
find the total cost of a sofa if the ticket price was $950 and the funiture store set up a simple interest loan for 2 years with an interest rate of 6.5%.
I tried I= 950 times .065 times 2
-----------------------------------------
Interest = Prt
Interest = 950*0.065*2 = $123.50
----
Total cost = 950+123.5 = $1073.50
====================================
Cheers,
Stan H.
===============

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