Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p= $550, r= 5.75%, t= 30 days The simple interest is $ (Round to the nearest cent as needed.)
Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p= $550, r= 5.75%, t= 30 days The simple interest is $ (Round to the nearest cent as needed.)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.)
p= $550, r= 5.75%, t= 30 days
The simple interest is $ (Round to the nearest cent as needed.)
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