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You obtain a simple interest loan from National city for $2500 at 7.6% for 5 years. Find the amount of interest on the loan
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You obtain a simple interest loan from National city for $2500 at 7.6% for 5 years. Find the amount of interest on the loan

User Shubhangi
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1 Answer

6 votes

Answer:

950

Explanation:

2500(0.076)(5) = 950

User Anshita Singh
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