The following information is known about a loan. Time =8 years Interest rate =14% Principal =$1,010 What

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The following information is known about a loan.

Time =8 years

Interest rate =14%

Principal =$1,010

What is the total amount of simple interest that is earned?

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Operations management processes and supply chain

ISBN: 978-0136065760

9th edition

Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra

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Posted Date: Jan 25, 2023 11:38 PM

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The following information is known about a loan. Time =8 years Interest rate =14% Principal =$1,010 What

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Answer Total simple interest 11312 Stepbystep explanation Give... View the full answer

Operations management processes and supply chain

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