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3 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?

1 answer:

Diano4ka-milaya [45]3 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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