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2 years ago

12

Harry buys a sofa set that costs $2000.00. He pays for it by installments at an interest rate of 5% per year. What is the total

amount he has to pay at the end of the one year?

1 answer:

Lemur [1.5K]2 years ago

6 0

2000 = 100%<span>
? = 105%

To calculate~~~~

</span> $\frac{2000}{100}$ X 105
<span>
= $2100.00</span>

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