Mat 060 A Practice Test - Chapter 6 Percent And Decimals Worksheet With Answers Page 5

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Solve. Round all dollar amounts to the nearest cent, if necessary.
23) Find the simple interest when: Principal = $590, Rate = 8%, Time = 9 years
Answer:
$424.80
Interest__________________
1
24) Find the simple interest earned on $3000 saved for 3
years at an interest rate of 17%.
2
Answer: $1785.00
Interest___________________
Page 5

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