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3 years ago

13

Kate borrowed $400 from her friend. she will repay this amount plus 3 percent simple interest after one year. what is the total

amount she will pay her friend? $401.20 $412.00 $400.12

1 answer:

timama [110]3 years ago

4 0

3% = .03

400 • .03 = 12

400 + 12 = $412.00

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