resendizemely5 resendizemely5

01-12-2020
Mathematics

contestada

Joe borrowed $6,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 8 years?

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nataliechou123 nataliechou123

01-12-2020

Answer:

$3360

Step-by-step explanation:

7% of $6000=$420

$420 time 8= $3360

Hope this helped! :)

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