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$800 at 3.8% interest for 6 months What is the interest? What is the new balance?

$800 at 3.8% interest for 6 months What is the interest? What is the new balance?
asked 221k views
7 votes
$800 at 3.8% interest for 6 months
What is the interest?

What is the new balance?

asked
User Ghufranne
by
8.0k points

2 Answers

6 votes
Multiply then divide
answered
User Hoblin
by
7.6k points
4 votes
Use the equation I/PT = R I is the interest P is the money before investment and T is the time
answered
User IceWhisper
by
8.2k points
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