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3 years ago

5

Anjali went to Citizens Bank and borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Anjali hoped to repay t

he loan on January 20. Assuming the loan is based on ordinary interest, Anjali will pay back how much interest on January 20?

1 answer:

olga_2 [115]3 years ago

4 0

Anjali will pay $93.54 in interest.

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