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OpenStudy (anonymous):
Find the balance on a deposit of $900 that earns 8% simple interest for 3 months. $918 $1,133 $216 $1,116
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hartnn (hartnn):
notice the word "simple" interest
hartnn (hartnn):
formula is I = PNR
hartnn (hartnn):
900 * 8/100 * 3/12 then add this to 900
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