Fearless620 Fearless620

01-02-2021
Mathematics

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jeff's credit card charges an annual rate of 5% simple interest. The balance on his card is $300, and he makes interest-only payments for one year. How much interest will he have paid by he end of that year?

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treviousmerritt treviousmerritt

01-02-2021

Answer: 60

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0.9 rounded to the thousandths place