Find the simple interest on 500 at 6% for 1 year

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asked May 15, 2019 62.0k views

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Moonlit · Answer 1 · 2019-05-21T14:25:22+0000

$500 times .06 (6%) divided by 12 months = 7.50 another way to do it is to take the 6% and divide by 360 times 180= 61.25 interest in the first 6 months

Find the simple interest on 500 at 6% for 1 year

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