If my annul interest rate is 8.25% on 90,900 what is my interest for 1/2 a month. It's for 8 years if that helps. I need the answer. I didn't have any luck with formul…

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asked Apr 27, 2024 73.6k views

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Holmexx · Answer 1 · 2024-05-02T17:16:55+0000

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Step-1/2 a month interest rate is .41% divide 8.25% \ 2 half a month int rate is 41% = .412. Multiply 90900.00 x .412 x 8 years = $299606.40by-step explanation:

If my annul interest rate is 8.25% on 90,900 what is my interest for 1/2 a month. It's for 8 years if that helps. I need the answer. I didn't have any luck with formul…

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