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I=$26.25I=$26.25, P=$500P=$500, t=18 t=18 months
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I=$26.25I=$26.25, P=$500P=$500, t=18 t=18 months

User Jonathan DeMarks
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what is the acutal question
User Zaytri
by
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3 votes
I'm assuming it is simple interest.
I = prt
26.25 = 500 r * 1.5
26.25 = 750r
divide both sides by 750
.035 = r
rate = 3.5%
User Luong Ba Linh
by
7.1k points
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User Sosborn
asked Jan 19, 2018 99.0k views
I=$26.25I=$26.25, P=$500P=$500, t=18 t=18 months
Sosborn asked Jan 19, 2018
by Sosborn
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