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A small business owner borrowed $4200 at an annual simple interest rate of 12% what is the total amount that must be paid in three months

A small business owner borrowed $4200 at an annual simple interest rate of 12% what is the total amount that must be paid in three months
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3 votes
A small business owner borrowed $4200 at an annual simple interest rate of 12% what is the total amount that must be paid in three months

asked
User Sion Sheevok
by
8.0k points

1 Answer

2 votes

Answer:

Explanation:

The total of the interest is 1386 so in total it would be 5586

answered
User Tronathan
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