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kodGreya [7K]
3 years ago
12

To go on a summer trip, Felipe borrows $200. He makes no payments until the end of 3 years, when he pays off the entire loan. Th

e lender charges sim
Interest at an annual rate of 2%.
Mathematics
1 answer:
snow_tiger [21]3 years ago
5 0

Answer:

Step-by-step explanation:

A=P(1+rt)

A=200(1+.02(3))

A=200(1.06)

A=$212

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