prs7AA0niselaninebak prs7AA0niselaninebak

04-08-2016
Mathematics

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Calculate the amount of interest on $1200.00 for one year at an annual rate of 4 %.

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04-08-2016

Interest = (PRT)/100 = (1200×4×1)/100 = $48

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linediasimon linediasimon

04-08-2016

the amount of interest is $148

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