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How much simple interest would $800 earn in 300 days in a non-leap year at an interest rate of 1.71%

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How much simple interest would $800 earn in 300 days in a non-leap year at an interest rate of 1.71% ? Round to the nearest cent.

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To calculate simple interest you can use the formula S View the full answer


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Related Book For  answer-question
Financial Algebra Advanced Algebra With Financial Applications

Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Details
Chapter # 2
Section: Application 2.5
Problem: 15
Posted Date: September 24, 2023 06:27:01
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