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09-07-2016
Mathematics

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may someone help me out with this please

may someone help me out with this please class=

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olemakpadu olemakpadu

09-07-2016

P = $13000, r =6% = 0.06 per year, t = 90 days = 90/360 = 0.25 year

Interest , I = Prt

Interest , I = 13000*0.06*0.25 = 195

Interest owed = $195

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