Nandreaslade Nandreaslade
  • 26-10-2016
  • Mathematics
contestada

how much interest will be paid in 1 year for a loan of $2500 at 9 1/2% simple interest?

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abeckem02
abeckem02 abeckem02
  • 26-10-2016
$2,500 * 0.095 = $237.50 in interest for that year.
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