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What is the simple interest paid if $300 principal 6 1/2 % interest rate for 1 year

What is the simple interest paid if $300 principal 6 1/2 % interest rate for 1 year
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What is the simple interest paid if $300 principal 6 1/2 % interest rate for 1 year

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User David Go
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1 Answer

5 votes

Answer:

$300×13/2=150

150×13=$1,950

answered
User Lakin Lu
by
8.2k points
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