SOLUTION: use i=prt, the formula for simple interset over t years, to find i when p=$2000,r=6%, and t =18 months
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Question 222020: use i=prt, the formula for simple interset over t years, to find i when p=$2000,r=6%, and t =18 months
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
i=Prt
i=2000*.06*1.5
i=$180
Change t to yrs from months
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