The following information is known about a loan.
Time = 8 years
Interest rate = 14%
Pri...
Mathematics, 18.11.2020 19:50 2019johnfranken
The following information is known about a loan.
Time = 8 years
Interest rate = 14%
Principal = $1,010
What is the total amount of simple interest that is earned?
$113.20
$1,131.20
$11,311.20
$113,112.00
Answers: 3
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