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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
  • Anonymous
    8 years ago
    Favorite 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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