Find the simple interest. Principal           Rate           Time in Months $10000              4%                    6     The simple interest is $________

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter13: Sequences And Series
Section13.4: Mathematics Of Finance
Problem 20E: APPLICATIONS MortgageA couple can afford to make a monthly mortgage payment of 650. If the mortgage...
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Find the simple interest.

Principal           Rate           Time in Months

$10000              4%                    6

 

 

The simple interest is $________

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