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14 January, 17:38

Calculate the amount of interest on $1200.00 for one year at an annual rate of 4 %.

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Answers (2)
  1. 14 January, 20:17
    0
    The amount of interest is $148
  2. 14 January, 20:38
    0
    Interest = (PRT) / 100 = (1200*4*1) / 100 = $48
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