Question 9 (0.5 points) In this situation, simple interest is calculated yearly. How much interest was earned? Principal: $12,000; Time: 2 years: Interest rate: 10%; Interest: ? $24,000 $240 $2,400

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asked Aug 9, 2021 95.1k views

2 votes

Question 9 (0.5 points)

In this situation, simple interest is calculated yearly.
How much interest was earned?
Principal: $12,000; Time: 2 years: Interest rate: 10%; Interest: ?
$24,000
$240
$2,400

Mathematics
high-school

Alyxandria asked

by Alyxandria

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1 Answer

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The correct answer is C. 2,400

Explanation- I’m a freshman trust me I know!

Derek Mahar answered Aug 12, 2021

by Derek Mahar

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