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Mathematics

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Joe borrowed $9,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 7 years?

Joe Borrowed 9000 From The Bank At A Rate Of 7 Simple Interest Per Year How Much Interest Did He Pay In 7 Years class=

Answer :

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Answer:

4410

Step-by-step explanation:

7% simple interest per year for 7 years so 7x7=49

49 % to pay overall so type 49% x 9,000=4410

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