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24 February, 13:25

Dave has a three-year college loan for 10,000 the lender charges a simple interest rate of 6% how much interest will he have to pay

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  1. 24 February, 13:49
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    S. I = PxRxT / 100

    Therefore

    S. I. = $10000x3x6/100

    =$900
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