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bill takes a lone of 9,000,00. at 8% simple interest rate for 6 years, how much interest will he pay after 2 years? how much interest will he pay in total for the lone?
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bill takes a lone of 9,000,00. at 8% simple interest rate for 6 years, how much interest will he pay after 2 years? how much interest will he pay in total for the lone?

User Petter Hesselberg
by
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1 Answer

2 votes

Answer:

5,760,000

Explanation:

9000000 x 8 x (6+2)/100=90000 x 8 x 8

=5,760,000

I added 2 to 6 because of the additional 2 years.

User Josh Gibson
by
6.7k points
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