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3 years ago

14

Ms. Blanks borrows $16,000 to buy a car. She pays simple interest at an annual rate of 6% over a one year period. How much does

she pay altogether?
Formula: interest = principal x rate x time Show your work

1 answer:

Kay [80]3 years ago

7 0

16000x0.06x1= 960
16000+960= 16960

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