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24-07-2018
Mathematics

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Interest on $3,000 at 5 1/2 % for 6 months

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vmuld29110pce3k4 vmuld29110pce3k4

24-07-2018

The interest should equal $990. First, you have to convert the rate per month into years, and then use the formula Interest=principal x interest per year x time in years

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