Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p= $675, r= 7.75%, t= 30 days The simple interest is $ (Round to the nearest cent as needed.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 21E
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Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.)
p= $675, r 7.75%, t 30 days
The simple interest is $ (Round to the nearest cent as needed.)
Transcribed Image Text:Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p= $675, r 7.75%, t 30 days The simple interest is $ (Round to the nearest cent as needed.)
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