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Mathematics, 15.06.2020 16:57 babylibra
Calculate the loan for $10,000, at an annual percentage rate of 5%, for a term of 5 years. What is the amount of accrued interest?
Principal - $10,000.00
Rate - 5%
Time - 5 years
Hint: Use the simple interest formula to calculate the interest amount.
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Answers: 3
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Calculate the loan for $10,000, at an annual percentage rate of 5%, for a term of 5 years. What is t...
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