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Principal=$12,000 Interest Rate=4.25% Time=5 years. What is the simple interest?

Principal=$12,000 Interest Rate=4.25% Time=5 years. What is the simple interest?
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Principal=$12,000 Interest Rate=4.25% Time=5 years. What is the simple interest?

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User Andre Rodrigues
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1 Answer

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12,000 * .0425 = 510          510 * 5 =2550           Hope this helps
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User Randmin
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