SOLUTION: what is the intrest earned after 18 months 0n 3500 at a yearly rate of 6.5%
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Question 244297
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what is the intrest earned after 18 months 0n 3500 at a yearly rate of 6.5%
Answer by
rfer(16322)
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A=P(1+.065)^t
A=3500(1+.065)^1.5
A=3500(1.099)
A=$3846.50