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3 years ago

6

Grandpa Simpson borrows $10,000 to buy a car. There is a 5 percent interest rate for each year. What is the total amount of inte

rest he will have to pay after 4 years? I need to get it correct for school.

1 answer:

tester [92]3 years ago

5 0

$10,000 X 0.05 = $500/year
500 X 4 years = $2,000 after 4 years

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