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10 January, 11:44

ernesto white took out a simple interest loan at 10 percent interest for 12 months. his previous balance is 1000. what is the interest for the next payment

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  1. 10 January, 12:00
    0
    100

    Step-by-step explanation:

    Principle=1000

    Rate = 10%

    Time = 1yr

    P*R*T=Interest

    1000*10%*1=100
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