If $5,000 is loaned for 9 months at a 6.2% annual rate, how much interest is earned?

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If $5,000 is loaned for 9 months at a 6.2% annual rate, how much interest is earned?
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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