johnmeurer johnmeurer
  • 24-05-2018
  • Mathematics
contestada

Find the interest due on$1200 at 8% for 240 days

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altavistard
altavistard altavistard
  • 24-05-2018
Assuming that you want simple interest:  i = p*r*t

Here i = $1200* 0.08* 240/360 = $64  (answer)
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