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  • 12-10-2016
  • Mathematics
Answered

$3000 ,5.5% , 9 months

Verified Answer :

apologiabiology
apologiabiology apologiabiology
  • 18-10-2016

assuming simple interest

I=PRT
P=principil
r=rate
t=time in years
I=interst

9months to years
12months per year
9/12=3/4 year
t=0.75
I=3000.05500.75
I=123.75

interest is $1.23.75

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