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A construction company borrowed$75,000 for 4 months at an annual interest rate 8%. Find the simple interest due on the loan

A construction company borrowed$75,000 for 4 months at an annual interest rate 8%. Find the simple interest due on the loan
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A construction company borrowed$75,000 for 4 months at an annual interest rate 8%. Find the simple interest due on the loan

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User Connor Gervin
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Answer:

The answer is SI of $1980

A construction company borrowed$75,000 for 4 months at an annual interest rate 8%. Find-example-1
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User Howard Hinnant
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