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3 years ago

12

Reese takes out a loan of $43,350 which earns 4% simple interest yearly. How much interest will she owe on the loan after 4 year

s?
$6,936.00

$1,734

$4,335.00

$50,286.00

1 answer:

hammer [34]3 years ago

7 0

Answer:

$6,936.00

Step-by-step explanation:

.04 x $43,350 = $1,734

$1,734 x 4 equals the answer: $6,936.00

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