Find the simple interest paid for 7 years on a $600 loan at 5% per year.

asked Jun 19, 2022 181k views

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2 votes

Answer:

210

Explanation:

600 x 0.05 (that is 5%) = 30 (interest per year)

30 x 7 = 210

Fhbi answered Jun 24, 2022

by Fhbi

4.3k points

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