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If you get a student loan for $2,000 at 8% interest, what is the simple interest for one year?

If you get a student loan for $2,000 at 8% interest, what is the simple interest for one year?
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3 votes
If you get a student loan for $2,000 at 8% interest, what is the simple interest for one year?

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User Foobnix
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1 Answer

5 votes
You would have a simple interest of 2 with a simp
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User Tschumann
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