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10 January, 18:30

Alicia borrowed $3,000 from the bank at a rate of 12% simple interest per year. How much interest did she pay in 4 years?

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  1. 10 January, 20:08
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    Step-by-step explanation:

    I=PRT/100

    P=3000

    R=12%

    T=4

    I=3000*12*4/100

    I=1440
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