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10 June, 16:02

Calculate the amount of interest on $1200.00 for one year at an annual rate of 4 %.

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Answers (2)
  1. 10 June, 19:24
    0
    Interest = (PRT) / 100 = (1200*4*1) / 100 = $48
  2. 10 June, 20:00
    0
    The amount of interest is $148
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