ThatOneKilljoy ThatOneKilljoy
  • 01-11-2017
  • Mathematics
contestada

Use the simple interest formula to find the ending balance.

$1500 at 7% for 1.5 years. 13 points

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mathstudent55
mathstudent55 mathstudent55
  • 01-11-2017
i = prt
where i = interest, p = principal, r = interest rate, t = time

i = $1500 * 0.07 * 1.5

i = $157.5
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Аноним Аноним
  • 08-11-2017
the answer is 1,657.50 i know because i took the quiz and got a 100 on it.
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