Answer:
Interest = [tex] \boxed{\$ 789.75} [/tex]
Explanation:
Interest [I] = principle × rate × time [prt]
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x% = x/100
a b/c = a + (b/c) = (ac + b) / c
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I = prt
I = ($1,950)(4 ½%)(9)
I = ($1,950)(0.045)(9)
I = ($87.75)(9)
I = ($789.75)
I = $789.75
