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Charles takes a loan of $15000 on a 7% interest rate. He plans to pay the loan off in full after 2 years. Calculate the simple interest.
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Charles takes a loan of $15000 on a 7% interest rate. He plans to pay the loan off in full after 2 years. Calculate the simple interest.
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Nov 13, 2021
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Charles takes a loan of $15000 on a 7% interest rate. He plans to pay the loan off in full after 2 years. Calculate the simple interest.
Mathematics
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Tena
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Answer:
$2100
Explanation:
p x r x t
15000 x 0.07 x 2
Mosid
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Nov 19, 2021
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Mosid
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