a loan of $10,000 was granted for 9 year at 8 percent simple interest .what is the amount of simple interest owed

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a loan of $10,000 was granted for 9 year at 8 percent simple interest .what is the amount of simple interest owed

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Thành Công 3 years 2021-09-01T09:34:36+00:00 1 Answers 3 views 0

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  1. Maris
    0
    2021-09-01T09:36:05+00:00
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    Answer:

    7200

    Step-by-step explanation:

    principle=10000

    time=9

    rate=8%

    now

    simple interesr=p*t*r/100

    = 10000*9*8/100

    =7200

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