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Mathematics 7 Online
OpenStudy (anonymous):

Use the simple interest formula, I = prt, to find the simple interest: Ken borrowed $6,000 for 4 years at a rate of 7% simple interest per year. How much interest will Ken have to pay after paying back the borrowed amount? A. $168 B. $1,680 C. $1,864.78 D. $16,800

OpenStudy (tkhunny):

You have the formula. Substitute away!

OpenStudy (anonymous):

okay thanks :D

OpenStudy (anonymous):

6000 x 7% x 4?

OpenStudy (anonymous):

i got 1680

OpenStudy (tkhunny):

That's it!

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