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Simple interest = P × r × tDave has a three–year college loan for $10,000. The lender charges a simple interest rate of 6 percent. How much interest will he have to pay? John has been studying i
Simple interest = P × r × t
Dave has a three–year college loan for $10,000. The lender charges a simple interest rate of 6 percent. How much interest will he have to pay?
John has been studying in Tinsmith college for three years and took a loan from lender which is required to be paid back after three years .
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