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8 November, 22:08

Find the simple interest.

Principal $5000

Rate12%

Time 2 1/2 years

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Answers (1)
  1. 9 November, 00:34
    0
    formular I = PRT : 100 I = $5000*12*2.5 : 100 I = $150000:100 I=$1500 Therefore the simple interest will be $1500
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