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Science-Related Homework Help Mathematics Topic started by: Noar on Mar 8, 2023

Title: Convert the annual rate to a monthly rate. Then compute the simple interest on a monthly basis. ...
Post by: Noar on Mar 8, 2023

Convert the annual rate to a monthly rate. Then compute the simple interest on a monthly basis. Round answers to the nearest cent.

	Principal, Annual Rate, and Time	Interest
a.	$3,560 at 9% for 11 months	__________
b.	$ 750 at 7.5% for 7 months	__________
c.	$1,800 at 12% for 6 months	__________

Title: Re: Convert the annual rate to a monthly rate. Then compute the simple interest on a monthly basis. ...
Post by: kewell_10 on Mar 8, 2023

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