Mathematics, 05.10.2021 01:10 nimahmustafa
Michael borrowed $375 for a new bicycle. He will pay the money back in 18 months with simple interest of 5.7%. How much interest will Michael pay back? Be sure to show all work and/or explain your reasoning.
Answers: 3
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Diane’s bank is offering 5% interest, compounded monthly. if diane invests $10,500 and wants $20,000 when she withdrawals, how long should she keep her money in for? round to the nearest tenth of a year.
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Michael borrowed $375 for a new bicycle. He will pay the money back in 18 months with simple interes...
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