SOLUTION: What is the interest on Principle of $1,000, borrowed at a 17.5% rate, for 6 months

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Question 1012374: What is the interest on Principle of $1,000, borrowed at a 17.5% rate, for 6 months
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
I = prt = ($1000)(.175)(.5) = $87.50