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When calculating simple interest, what must you do if you want to invest for months instead of years?
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When calculating simple interest, what must you do if you want to invest for months instead of years?

User Sudhir
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1 Answer

8 votes

Answer:

Interest rates are annual, so you must convert the units into years.

Explanation:

Also, I LOVE your pfp:)

User Vasili Syrakis
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