SOLUTION: A retired couple invested $18000 in bonds at a simple interest rate of 7.1%. At the end of one year, how much interest did they receive on their investment?

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Question 1131647: A retired couple invested $18000 in bonds at a simple interest rate of 7.1%. At the end of one year, how much interest did they receive on their investment?

Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.
interest = 18000*0.071  dollars.