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please help metal for you if you do please :(
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Perry earns 5 percent simple interest annually on his savings account. How much interest will Perry earn each month on $650?
simple intrest=P * r * t
5 percent annually 5/12 percent monthly so in formula just put 5/12 for rate and get your answer
my answer was not one i could choose from i got 2.70 32.50 and 682.50
how come 3 answers you have just asked about interest 2.70 is the monthly interest
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thank you so much
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