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Mars2501 [29]
3 years ago
6

Daniel borrowed $5000 from the bank for 2 years at 9% simple interest per annum. Calculate how much interest Daniel is charged.

Mathematics
1 answer:
RideAnS [48]3 years ago
6 0

Answer:

Daniel is charged $900

Step-by-step explanation:

This is because 9 percent of 5000 is 450. Multiply 450x2 and get 900.

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