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15 October, 18:55

What is$1200,3.9%,8 months

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  1. 15 October, 19:25
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    Sounds as tho' you want the simple interest.

    That would be i = p r t. Here, t = 8/12 year = 2/3 year.

    so i = simple interest = $1200*0.039) (2/3) = $31.20
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