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indigootter850
Lv1
aditi17goel
Indian Institute of Technology - IIT Patna
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Algebra
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Joe is lending Frank $500 and Frank has 4 years to pay it back. Joe is charging 6% interest. Frank wants to determine how much interest he'll pay over the 4 years. He sets up the formula, interest (i) = loan amount (l) x rate (r) x time (t). Find i.
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indigootter850
Lv1
30 Jun 2021
Given, loan amount (l) = $500 Rate(r) = 6% Time(t) = 4 years To find, interest...
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