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Simple interest to the nearest cent $935 at 4.75% for 3 months

User Burk
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2 Answers

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A= 935 (1+ (.0475)(3)) is the equation you would use to solve the equation which totals out to $1068.24
User Markus Ressel
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7 votes
$14.80

you do 935 and mutiply that by the percent then get your answer and with that answer you divide 3

i learned it in math personal finances. we deal with this stuff everyday
User Sahil Gulati
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