Homework Help: Math

Posted by Linda on Friday, May 25, 2012 at 12:46pm.

if the principle $700, the rate 6 1/2% and a 1year, What is the amount of interest? what is the future value?

Math - Ms. Sue, Friday, May 25, 2012 at 1:15pm
I = principle times rate times time

I = 700 * 0.065 * 1

I = $45.50

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