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Find the total amount paid for the loan including the amount you borrowed. If you borrowed $6,000 at 12% annual simple interest for 2.5 years.

Answer value


Answer :

Answer:

1800

Step-by-step explanation:

s.i=prt

p=6000

r=12%=0.12

t=2.5

prt=6000*0.12*2.5

=1800