SOLUTION: Find the simple interest owed on a 4 year loan for $4,200 at an annual interest rate of 6%

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Question 867534: Find the simple interest owed on a 4 year loan for $4,200 at an annual interest rate of 6%
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
I=4200*0.06*4
I=$1008