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What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
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.
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
How do you write out 11 million five hundred eighty one thousand seven hundred and fifty three dollars?
$11,581,753
How many years will it take for an investment to double if the interest rate is 8 percent per year compounded annually?
11 years
How do you write 11 thousand 11 hundred 11 and 11?
12122
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