hawalugundi12 hawalugundi12

15-09-2020
Mathematics

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What is the simple interest for a loan with a $600 principal, 10% annual rate and a 2-year time period?

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shawkinafea shawkinafea

15-09-2020

Answer:

the interest is 120

Step-by-step explanation:

600*10%= 60

60*2 for the years

the answer is 120

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