1. Find the total amount due on a loan of \( \$ 800 \) at \( 9 \% \) simple interest at the end of 4 months (05 marks).
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- Principal (\(P\)) = \$800 - Annual interest rate (\(r\)) = 9% = 0.09 - Time period (\(t\)) = 4 months Show more…
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