SOLUTION: a bank in houston loans $50,000 to a business at 13.5% annual simple interest for 12 months. How much interest will the bank earn

Question 941437: a bank in houston loans $50,000 to a business at 13.5% annual simple interest for 12 months. How much interest will the bank earn
Answer by TimothyLamb(4379) (Show Source): You can put this solution on YOUR website!
50000*(13.5/100) = 6750
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