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30 July, 23:43

Greg borrows $1,000 for 6 months at an interest rate of 4.5%. How much interest does he

pay?

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Answers (1)
  1. 31 July, 02:36
    0
    if the interest rate is 4.5% for 6 months (not per annum) then the answer is $45 is the interest he have to pay.
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