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3 years ago

5

Ms. Gonzalez borrowed $4,500 from her bank to buy a jet ski. The loan has an 8.5% annual simple interest rate. If it takes Ms. G

onzalez two years to pay back the loan, what is the total amount she will pay?

1 answer:

Komok [63]3 years ago

4 0

Answer:

765

Step-by-step explanation:

4500x8,5= 38250/100=382,5 x2= 765

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