## Basic College Mathematics (9th Edition)

Published by Pearson

# Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises: 2

0.075

#### Work Step by Step

Step one: Isolate the fraction= $\frac{1}{2}$ Step two: Divide the numerator by the denominator and add to the number= $7.5$ Step three: Divide by 100: 0.075

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