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22 votes
P= $16,000, r= 10%, t= 180 days
Assume 360 days in a year.

2 Answers

7 votes
$800 I believe, don’t take my absolute word I could be wrong
User DeeZone
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4.7k points
7 votes
Interest = (principal)(rate as a decimal)(time in years)

I = (16,000)(0.1)(0.5)
I = $800
User Ntokozo Zwane
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