## Basic College Mathematics (9th Edition)

Published by Pearson

# Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises: 11

$2,227.50 #### Work Step by Step Turn the rate into a decimal. Fill in the interest equation.$Interest=principal \times rate \times timeI=(10800)(0.075)(2.75)I=2227.5\$

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