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17 May, 02:21

Calculate the amount of interest on $1200.00 for one year at an annual rate of 4 %.

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Answers (2)
  1. 17 May, 02:46
    0
    The amount of interest is $148
  2. 17 May, 02:48
    0
    Interest = (PRT) / 100 = (1200*4*1) / 100 = $48
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