SOLUTION: Interest obtained after one year on an investment at 2 1/2% simple interest per year. x=number of dollars invested
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Question 458137: Interest obtained after one year on an investment at 2 1/2% simple interest per year. x=number of dollars invested Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Interest obtained after one year on an investment at 2 1/2% simple interest per year. x=number of dollars invested
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I = Prt
I = x*0.025*1
Interest = 0.025x
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Cheers,
Stan H.
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