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how do u find interest rates in the simple interest formulas?
ex
6%
4.5%
1.25%
0.85%
32%
this is all thats given?
1 Answer
Relevance
- Anonymous8 years agoFavorite Answer
(Money) X 1.(Interest Rate In Percent) X (Number of Years)
Ex $50 at 14% interest per year for 7 years
Would be:
50 X 1.14 X 7
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