What is the simple interest for a principal of $650 invested at a rate of 9%...
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What is the simple interest for a principal of $650 invested at a rate of 9% for 5 years? $4200 is invested for 9 months at an annual simple interest rate of 12%. How much interest will be earned? Round your answer to the nearest cent, if necessary. What is the simple interest for a principal of $650 invested at a rate of 9% for 5 years? $4200 is invested for 9 months at an annual simple interest rate of 12%. How much interest will be earned? Round your answer to the nearest cent, if necessary.
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To calculate the simple interest we use the formula Simple ... View the full answer
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