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Mathematics, 01.02.2021 17:20 alkaline27

A $1,400 loan has a simple annual interest rate of 4%. How much simple interest is paid on the loan for 1 year?
A
$56.00
B
$67.20
C $560.00
D $672.00

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Answers: 2

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A $1,400 loan has a simple annual interest rate of 4%. How much simple interest is paid on the loan...
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