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Paha777 [63]
3 years ago
13

Wanda took out a personal loan for $16,000 at 9% simple interest how much interest will she pay after 5 years?

Mathematics
2 answers:
alekssr [168]3 years ago
6 0
Interest = $16000 * 9/100 * 5 = $7200
Serggg [28]3 years ago
5 0
I = 16000*  \frac{9}{100}*5 = $7200

Hope this helps !

Photon
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