AnnalieseE734245 AnnalieseE734245

31-10-2022
Mathematics

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The principle is borrow a simple interest rate R for a period of time

The principle is borrow a simple interest rate R for a period of time class=

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ZyrielY353027 ZyrielY353027

31-10-2022

Simple interest = Principal x Rate x Time : 100

Simple interest = 7000 x (0.04) x 1

Simple interest = $280

Answer: $280

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