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$1348 deposited at an interest rate of 2.5% for 18 months
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$1348 deposited at an interest rate of 2.5% for 18 months

User Mia
by
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2 Answers

7 votes
606.6$ in total Interest= PrinciplexRatexTime
User Tho Quach
by
8.2k points
4 votes
I=PRT price/principle amount×rate×time in years
=1348×0.025×1.5 (18 months=1.5 years)
=$50.55
original + intyerest
1348+50.55
$1398.55
User Pbodsk
by
7.9k points
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