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    Mathematics
  3. Study Set
    Elementary and Intermediate Algebra
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    Exam 2: Solving Linear Equations and Inequalities
  5. Question
    Use the Simple Interest Formula
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Use the Simple Interest Formula

Question 88

Question 88

Multiple Choice

Use the simple interest formula.
-Find the interest on $4800 borrowed at an interest rate of 4% for one year.


A) $1920
B) $192
C) $4992
D) $1200

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