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Mama L [17]
2 years ago
5

Austin Avenue Accessories borrowed $14,000 for 3 years at a simple interest rate of 6.6%. The interest is to be paid semiannuall

y.
(A) Find the amount of the semiannual interest payment.
(B) Find the total interest paid
Mathematics
1 answer:
Anna71 [15]2 years ago
5 0
B would be the correct answer! Have a good day!
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this means that during the first week the prize is 18-3.6=14.4

now, the prize is marked up 20 % of 14.4! this is 2.88

so the prize later will be 14.4+2.88, that is 17.28, not 18

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