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jenyasd209 [6]
3 years ago
9

Sam has a loan for $1200 at a rate of 9% annually. If the interest is not compounded, how much interest will he pay in 5 years?

Mathematics
1 answer:
Solnce55 [7]3 years ago
4 0

Answer:

Step-by-step explanation:

Interest =  1200 * 5 * 9 /100

             = 12 * 5 * 9 = $540

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