ford7 ford7
  • 12-06-2018
  • Mathematics
contestada

Hen calculating simple interest what must you do if you want to invest for months instead of years?

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sqdancefan
sqdancefan sqdancefan
  • 18-06-2018
If the time period is months instead of years, you express it as a fraction of a year.

For example, 7 months is 7/12 year.
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