Answers

2014-09-08T22:50:25+08:00
This is some kind of engineering economy problem.... The equation is " I= P × i × n ". I=interest, P=x dollars, i = 2.5%, and n= 1 yr. So, I = x × 0.025 ×1 ..... I = 0.025x... The interest obtained is 0.025x dollars.
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