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7 September, 17:01

800 at 4.25% simple interst for 6 years

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  1. 7 September, 17:51
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    Mo = initial money

    M = my current money $_$ (the more the better)

    I = interest rate <3

    t = time

    t = 6

    I = 4.25/100 (I assume you mean per year)

    Mo = 800 (I assume you mean initial money)

    M = Mo + Mo (I) * t

    M = 800 + 800 (4.25/100) * 6 = 1004
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