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26 January, 03:57

How much simple interest will be due on a loan of $6000 at a 3.5 annual interest rate for one year

A. $210

B. $350

C. 2100

D. & 6210

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Answers (1)
  1. 26 January, 04:14
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    D because 3% of 6000 is 210 and after one year of interest that would add up too 6210.
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