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Mathematics 14 Online
kaymill:

Joe borrowed $900 from Sam for six months. How much will Sam earn if he charges Joe a simple interest rate of 4 percent?

AngeI:

Does it say 4 percent a month or just 4 percent in total?

AngeI:

900(.04) I believe it was for the equation

kaymill:

its 18$

Vocaloid:

you almost got it, keep in mind 4% is a yearly interest rate and the term was only six months

AngeI:

It didn't say yearly e.e And I've seen 6 month interest rates so

AngeI:

But sorryyyy

Vocaloid:

nah no need to apologize the problem was unclear to begin w/

AngeI:

Oki

AngeI:

cx

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