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castortr0y [4]
3 years ago
5

Find the amount of interest on a loan of $10,500, at 9% interest, for 124 days using the exact interest method.

Mathematics
1 answer:
mr Goodwill [35]3 years ago
4 0

Step-by-step explanation:

I = PRT

I = 10,500 * 0.09 * (124/365)

I = 945 * 0.3397

I = 321.04

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