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Q: How much interest would you earn in six months on an account that pays 6.5 percent simple interest on 654.89?

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21.28

7.5 x 2.5 ie 18.75

Two and a half percent of 750 ie 2.5 x 7.5 which is 18.75

Eleven..? months? years?. Simple or compound interest?

18.90currency as an interest..

75$

(15 x 6.75)/3 ie 33.75

The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.

54

yeah, you spelled monts instead of months, not sure i want to further this conversation your company.

29.86

18.90 as an interest. and principle wil remain same.

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