Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days =

asked Sep 10, 2018 7.1k views

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I=1600*0.06*180/360
I==48

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6% of $1,600 is = 96 if you multiple it with 180 : 96 × 180 = 17,280

Erin Dees answered Sep 16, 2018

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