$850,4%,6 months determine the simple interest

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$850,4%,6 months determine the simple interest

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    2021-10-04T14:16:34+00:00

    The simple interest formula is I=prt but the t or time should be in years so 6 months would be ½ of a year or .5
    I=850•.04•.5
    I=17
    The total would be 17+850 so $867

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