SOLUTION: A person borrows $10,000 at a 4% simple interest rate for 1/2 year. How much simple interest I in dollars is owed on the loan at the end of 1/2 year? (Enter an exact number.)
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Question 1157471: A person borrows $10,000 at a 4% simple interest rate for 1/2 year. How much simple interest I in dollars is owed on the loan at the end of 1/2 year? (Enter an exact number.) Answer by mananth(16946) (Show Source):
