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olga55 [171]
3 years ago
11

You obtain a simple interest loan from National City for $2,500 at 7.5% for 5 years. Find the amount of interest on the loan.

Mathematics
2 answers:
pochemuha3 years ago
7 0
(2500*7.5%)*5= you answer  .075=7.5%

2500*.075=187.5

187.5*5=937.5

Your answer is 937.5
neonofarm [45]3 years ago
5 0

Answer:

i got 937.50

Step-by-step explanation:


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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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