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Popular Word Problems >

find the simple interest on 500 at 8% for 2 years

Solución

f in d t h e s im pl e in t eres t o n 500 a t 8% f or 2 ye a rs

Solución

Interest : 80

Pasos de solución

Translate the problem into an equation:

I = 500 \cdot 0.08 \cdot 2

Simplificar

I = 500 \cdot 0.08 \cdot 2

Interest : 80

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