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Mathematics, 09.10.2020 19:01 chriscook4471

The following information is known about a loan. Time = 8 years Interest rate = 14% Principal = $1,010 What is the total amount of simple interest that is earned? $113.20 $1,131.20 $11,311.20 $113,112.00

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The following information is known about a loan. Time = 8 years Interest rate = 14% Principal = $1,0...

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