lavaazad364 lavaazad364

17-05-2020
Mathematics

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altavistard altavistard

17-05-2020

Answer:

$177.50

Step-by-step explanation:

Simple interest formula is i = p*r*t, where r is the interest rate as a decimal fraction.

Here, i = $71,000 * (0.01) * (3/12) = $177.50

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