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stiks02 [169]
4 years ago
5

Margo borrows $600, agreeing to pay it back with 4% annual interest after 18 months. How much interest will she pay?

Mathematics
1 answer:
Nastasia [14]4 years ago
3 0
To find the simple interest, we multiply 600 × 0.04 × 1.5 to get that:

The interest is: $36.00
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