Find the simple interest on a loan of $45,000 for 5 years at 3%.

asked Nov 20, 2022 202k views

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6 votes

Answer: $51,750

Is the answer

Icant answered Nov 22, 2022

by Icant

5.1k points

1 vote

Answer:

51,750

Explanation:

45,000x.03=1,350

1,350x5=6750

45,000+6750=51,750

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