SOLUTION: I, is the interest paid on a $10,000 debt over 3 years, when the interest rate is r% can be approximated by the equation. What is the amount of interest paid during the 3 yr. perio
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Question 778185: I, is the interest paid on a $10,000 debt over 3 years, when the interest rate is r% can be approximated by the equation. What is the amount of interest paid during the 3 yr. period if the interest rate is 18.8%. Answer by harpazo(655) (Show Source):