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lord [1]
3 years ago
13

Find the simple interest kara owes on a 1.5-year loan of $1,500 at an annual interest rate of 7.5%.

Mathematics
1 answer:
jenyasd209 [6]3 years ago
8 0
I = PRT/100

P = Principal, R = Rate, T = Time

I = 1500 * 7.5 * 1.5 /100

I = 168.75

Interest owed = $168.75
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