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2 years ago

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Suppose Bob borrows $5,000 for three years from his rich uncle, who agrees to charge Bob simple interest at 5% annually. How muc

h would Bob have to pay in interest charges every year, and what would his total interest charges be after three years?

1 answer:

ale4655 [162]2 years ago

3 0

Answer:

Step-by-step explanation:

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