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Find the simple interest earned after 8 years on $975 at an interest rate of 6%
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1 vote
Find the simple interest earned after 8 years on $975 at an interest rate of 6%

User Ofo
by
6.3k points

1 Answer

3 votes

Answer: $468

Explanation:

SI = (prt) / 100

SI = ( 975 x 6 x 8) / 100

SI = 468

User Pratibha
by
5.9k points
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