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natta225 [31]
4 years ago
7

Adam takes a loan of $8,250 at a 7% simple rate for 5 years. How much will be paid after 3 years? how much interest will be paid

in total for the loan?
Mathematics
1 answer:
Diano4ka-milaya [45]4 years ago
6 0
$4,950 will be paid after 3 years.
$577.50 will be paid as interest for the total loan.
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