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$800 at 3.8% interest for 6 months What is the interest? What is the new balance?
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7 votes
$800 at 3.8% interest for 6 months
What is the interest?

What is the new balance?

User Ghufranne
by
5.0k points

2 Answers

6 votes
Multiply then divide
User Hoblin
by
4.9k points
4 votes
Use the equation I/PT = R I is the interest P is the money before investment and T is the time
User IceWhisper
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5.3k points
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