SOLUTION: find the ordinary interest on $1,800 for two months at a rate of 12%

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Question 312880: find the ordinary interest on $1,800 for two months at a rate of 12%
Answer by solver91311(24713) About Me  (Show Source):
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Divide 12% by 12 months to get 1% per month. Multiply by 2 months to get 2%. Multiply 1800 by 0.02


John