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1.Find the simple interest on the loan. $1600 at 7% for 10 years. 2. Find the simple interest on the loan. (Round your answer to
1.Find the simple interest on the loan.
$1600 at 7% for 10 years.
2. Find the simple interest on the loan. (Round your answer to the nearest cent.) $865 at 6.55% for 5 years 6 months.
3. Find the total amount due for the simple interest loan. $1500 at 7% for 10 years.
4. Find the total amount due for the simple interest loan. (Round your answer to the nearest cent.) $6300 at 5.9% for 4 years 9 months.
5. Find the interest rate on a loan charging $594 simple interest on a principal of $2750 after 6 years. %
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