A savings account earns 6% simple interest per year. The principal is $800. What is the balance after 18 months?

asked Jan 15, 2020 103k views

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Answer:

$72

Explanation:

Interest= PNR

p = principal

n = number of years

r = rate of interest

i = 6% x 800 x 18/12

i = 72

Portman answered Jan 21, 2020

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