09-11-2021
Mathematics

contestada

Gerald borrowed $750 at 7% simple interest to be paid back in 2 years. How much interest will he pay?

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kharimatbello kharimatbello

09-11-2021

Answer:

$105 interest

Step-by-step explanation:

[tex]S.I=\frac{PRT}{100}[/tex]

[tex]S.I= \frac{750*7*2}{100}[/tex]

Interest = $105

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