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If you borrow $3,000 at 5% simple interest for 9 months how much will you owe in 9 months? How much interest will you pay?

If you borrow $3,000 at 5% simple interest for 9 months how much will you owe in 9 months? How much interest will you pay?
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If you borrow $3,000 at 5% simple interest for 9 months how much will you owe in 9 months? How

much interest will you pay?

User Vishvesh Phadnis
by
7.7k points

1 Answer

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Answer: $150

Explanation:

$3,000 x 5% = 150

User Yauhen Yakimovich
by
7.7k points
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