gollasomiamigo gollasomiamigo
  • 15-01-2021
  • Mathematics
contestada

Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.

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NgShiYin
NgShiYin NgShiYin
  • 15-01-2021

Answer:

$6.75

Step-by-step explanation:

Interest = [tex]\frac{1.5}{100}[/tex] × 2 × $225

             = $6.75

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