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ollegr [7]
3 years ago
13

If Melanie borrowed $1000 from the bank for 4 years at 2% simple interest, how much will she owe in interest at the end of the 4

years?
Mathematics
1 answer:
ki77a [65]3 years ago
4 0
2% of 1000 = $20
$20 x 4 = $80

She will owe $80 in interest at the end of 4 years.
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