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    Mathematics
  3. Study Set
    Elementary Technical Mathematics
  4. Exam
    Exam 1: Basic Concepts
  5. Question
    Calculate the Amount of Simple Interest Earned
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Calculate the Amount of Simple Interest Earned

Question 80

Question 80

Short Answer

Calculate the amount of simple interest earned.
$6,000 at 12% for 7 years
The interest is $ __________.

Correct Answer:

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