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Llana [10]
3 years ago
6

Miguel borrows $2000 for 3 years at 8% simple interest.

Mathematics
1 answer:
german3 years ago
3 0
Interest+original=amount to pay off

intrest=prinicpal times rate times time
interest=2000 times 3 times 0.08
interest=480

so total is 2000+480 or 2480 to pay off
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