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How much interest will be paid in 1 year for a loan of 2500 at 9 12 simple interest?
Updated: 12/7/2022
Wiki User
∙ 11y agoBest Answer
Assuming the interest rate is 91/2 (the format is garbled in the question), the answer is
2500*0.095 = 237.50
Wiki User
∙ 11y agoThis answer is:
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How much interest will be paid in 1 year for a loan of 2500 at 9 1-2 percent simple interest?
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