What is the interest earned at $1800 at 6.5% for 30 months

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Grade: Education Subject: mathematics
What is the interest earned at $1800 at 6.5% for 30 months
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Best Answer
(105)
30 months is 2.5 years.  Therefore,

i = p*r*t becomes i=$1800*0.065)*(2.5) = $292.50  (answer)