OpenStax, Prealgebra 2e §6.4 Solve Simple Interest Applications · Exercise 11 · Algebra · Algebra word problems

Solve Simple Interest Applications · Exercise 11

Solve the problem using the simple interest formula.

Find the simple interest earned after $8$ years on $\$ \text{15},\text{500} $a t anin t er es t r a t eo f$ \text{11}.\text{425}\%.$

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OpenStax, Prealgebra 2e · §6.4 Solve Simple Interest Applications · Exercise 11

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