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Earn +20 ptsQ: How do banks calculate simple interest?
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Continue Learning about Math & Arithmetic
Draw a flow chart to calculate simple interest with 10 percent rate if time is greater than 2 yrs otherwise calculate simple interest with 5 percent?
Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.
Which of these steps should be performed first to calculate simple interest?
change % to decimal
If you have an account with an annual simple interest rate of 2.1 percent. You have a principle of 450.00. calculate your interest and your principle for two years?
18.90currency as an interest..
Calculate the simple interest you would receive in five years on a saving account that earns 7.5 annual interest Your beginning balance is 1236.59?
The simple interest over a period of five years is $463.70
Calculate the simple interest on the amount of 567.23 at 5 percent for two years?
56.72
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