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fundamental business skills assignment 4.3 Use the following information to calculate the simple interest on the following business loan. Original loan amount (P) = R

fundamental business skills assignment

4.3 Use the following information to calculate the simple interest on the following business loan. Original loan amount (P) = R 130 000 Interest rate (r) = 12% Loan period (t) = 5 Years Simple interest formula Pxrxt 100

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