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25 July, 10:55

How much interest would be paid in 1 year for a loan of $3600 at 8 1/2% simple interest?

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Answers (2)
  1. 25 July, 12:47
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    306 because 3600*.085 is 306.
  2. 25 July, 14:43
    0
    3600 * 1 * 0.085 = 306

    answer: interest would be $306
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