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Simple Interest USE A 360 DAY YEAR Calculate the simple interest amount and the future value using the simple interest formula. 365 day year Principal

Simple Interest USE A 360 DAY YEAR

Calculate the simple interest amount and the future value using the simple interest formula.

365 day year

Principal

Interest Rate

Time

Simple Interest Amount

Future Value

$ 18,000

4.5%

18 months

answer

answer

$ 21,000

5%

1.75 Years

answer

answer

$ 18,000

7.25%

9 months

nswer

answer

$ 1,000

8%

93 days

answer

answer

$ 585

9%

193 days

answer

answer

$ 1,200

12%

187 days

answer

answer

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