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Find the amount of interest to be paid.

Principal: $780
Annual Rate of Interest: 12 1/2%
Time: 6 months

Use the formula: i = prt (principal, rate, time)

User Markuz
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1 Answer

5 votes

Answer:

P = 780

R = 12 1/2%

T = 6

780 x 12 1/2% x 6 = $2808.005

User XYz Amos
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