Math Problem Statement
. ¿Cuánto debe pagar por concepto de intereses una persona que tiene una deuda por $22,000 si la liquida 6 meses después y le cobran intereses a razón de 16% anual simple?
Solution
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Math Problem Analysis
Mathematical Concepts
Simple Interest
Interest Calculation
Formulas
Simple Interest Formula: I = P * r * t
Theorems
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Suitable Grade Level
Grades 9-12
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