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26 April, 12:12

Alicia borrowed $3,000 from the bank at a rate of 12% simple interest per year. How much interest did she pay in 4 years?

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  1. 26 April, 15:25
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    Step-by-step explanation:

    I=PRT/100

    P=3000

    R=12%

    T=4

    I=3000*12*4/100

    I=1440
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