Sigrid G.

asked • 04/18/16# simple interest

Determine the simple interest.? (Assume 360 days in a? year.)

p=$445, r=0.045% per day, t=6 months

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## 1 Expert Answer

Mark M. answered • 04/18/16

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Mathematics Teacher - NCLB Highly Qualified

i = p · r · t

i = 445(0.00045)(180)

i = 445(0.081)

i = 36.045

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Mark M.

04/18/16