I have a simple interest exercise , do you want to do it?

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Simple  Interest   

 

1)    Maria  took  borrowed  $200.00  from  Andres .   She   will  pay   him   all  the  money    in  6  months  with   a   monthly   rate  of  10%  .    How  much  she   paid   him   at  the  end  of  the  six  months ?

 

 

  We  use  this  formula  :

 

    S  =   P ( 1+  t r )

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