ecsinec ecsinec

09-12-2020
Mathematics

contestada

Charles takes a loan of $15000 on a 7% interest rate. He plans to pay the loan off in full after 2 years. Calculate the simple interest.

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marshallg marshallg

09-12-2020

Answer:

$2100

Step-by-step explanation:

p x r x t

15000 x 0.07 x 2

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