# math 156

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find the simple interest for the indicated length of time.
\$20000 at 5.5% interest for6 months.

20,000(0.55)(6)= \$66,000

is that correct?

• math 156 -

How can it be correct? There's no way you can earn \$66,000 interest in 6 months on a \$20,000 investment.

Please try again.

• math 156 -

5.5% * 100 = ?

Or -- move the decimal point two places to the left to find the decimal number.

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