SOLUTION: find the simple interest on a loan of $1200 after 9 months if the annual interest rate is 6%

SOLUTION: find the simple interest on a loan of $1200 after 9 months if the annual interest rate is 6%

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Question 749003: find the simple interest on a loan of $1200 after 9 months if the annual interest rate is 6%
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
$1200 x 6/100 = $72
$72 x 9/12 = $54
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