SOLUTION: Find the simple interest(to the nearest cent) when $770 is invested at 16% for 6 months

SOLUTION: Find the simple interest(to the nearest cent) when $770 is invested at 16% for 6 months

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Question 381749: Find the simple interest(to the nearest cent) when $770 is invested at 16% for 6 months
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=770*0.16*0.5
I=61.60
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