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YanaSidlinskiy
 one year ago
@Nnesha
YanaSidlinskiy
 one year ago
@Nnesha

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YanaSidlinskiy
 one year ago
Best ResponseYou've already chosen the best response.1I can't message you... So I need your help on this... Shaun borrowed $600 from the bank at 12% interest for 12 months. Including interest, how much did he have to repay?

Nnesha
 one year ago
Best ResponseYou've already chosen the best response.2thats fine so do you now the formula for interest rate ?

YanaSidlinskiy
 one year ago
Best ResponseYou've already chosen the best response.1Nvm I got it lol. Thanks for trying though;)

ganeshie8
 one year ago
Best ResponseYou've already chosen the best response.0is it simple interest or compounded ?

Nnesha
 one year ago
Best ResponseYou've already chosen the best response.2I= prt where p = 600 r=12 (need in decimal form 12/100) t= time solve for `I`

Nnesha
 one year ago
Best ResponseYou've already chosen the best response.2what did you get ? i want to check my answer :3 ....

YanaSidlinskiy
 one year ago
Best ResponseYou've already chosen the best response.1It's simple interest...

YanaSidlinskiy
 one year ago
Best ResponseYou've already chosen the best response.1600*12*1=72.... 600+72=672

Nnesha
 one year ago
Best ResponseYou've already chosen the best response.2it's 12% you need to convert into decimal so divide 12 by100 and then multiply them

Nnesha
 one year ago
Best ResponseYou've already chosen the best response.272 looks right but why did you add 600+72 hmmm :o
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