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How much interest would be paid in 1 year for a loan of $3600 at 8 1/2% simple interest?

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  1. 15 May, 04:26
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    306 because 3600*.085 is 306.
  2. 15 May, 04:39
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    3600 * 1 * 0.085 = 306

    answer: interest would be $306
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