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Svetradugi [14.3K]
2 years ago
12

Calculate the interest amount for a loan of $800 at 4.25% simple interest for 6 years.

Mathematics
1 answer:
Andrei [34K]2 years ago
3 0

Answer:

I= PRT/100

= 800 X 4.25 X 6 /100

= 20400/100

I=204

Interest amount: $204

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