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Find the simple interest for $6000 at 9% for 2 years comparing quantities std 7 |
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Answer» Simple interest = P×N×R °°°°°°°°°°° 100 P = Principal = 6000 N = Number of years = 2 R = RATE = 9% Simple interest = 6000×2×9 °°°°°°°°°°°°°°° 100 = 60×2×9 = 1080 Simple interest = 1080$ |
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