babyyodagirl0390 babyyodagirl0390

09-05-2022
Mathematics

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mark borrows $2,100 at an 8% simple intrest rate for 9 months. What is the amount he is being charged for borrowing the money

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jsimpson11000 jsimpson11000

10-05-2022

Answer:

$ 126

Step-by-step explanation:

9 months is 3/4 of one year

2100 * 3/4 * .08 = 126 dollars interest

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