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Tomtit [17]
3 years ago
9

a loan of $10,000 was granted for 9 year at 8 percent simple interest .what is the amount of simple interest owed

Mathematics
1 answer:
LUCKY_DIMON [66]3 years ago
8 0

Answer:

7200

Step-by-step explanation:

principle=10000

time=9

rate=8%

now

simple interesr=p*t*r/100

= 10000*9*8/100

=7200

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