SOLUTION: 1,890 at 5% per year for 6 months

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Question 355090: 1,890 at 5% per year for 6 months
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
I'm assuming you want the interest when it's compounded monthly.
rt=5%2A%286%2F12%29
I=Prt=1890%280.025%29
highlight%28I=47.25%29