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Principal = $6000, Rate 7%, Time = 1 year. Calculate the simple interest.

Principal = $6000, Rate 7%, Time = 1 year. Calculate the simple interest.
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5 votes
Principal = $6000, Rate 7%, Time = 1 year. Calculate the simple interest.

User Yam
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2 Answers

3 votes
The simple interest would be $420.
User Lucelia
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7.9k points
2 votes
I think the simple interest is $420
User GrumpyRodriguez
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