trinityjames1012 trinityjames1012

08-06-2021
Mathematics

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Jessie borrowed $1800 from the bank at a rate of 7.5% simple interest per year. Over the course of 4 years, how much interest did he pay?

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kmb59948 kmb59948

08-06-2021

$540
Explanation:
7.5% of 1800 is 135
135 • 4 = 540

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