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Kryger [21]
3 years ago
10

a bank loans a customer $35,000 for a period of 7 years. the simple interest rate of the loan is 10.9%. what is the total amount

that customer will need to pay the bank over the 7 years?
Mathematics
1 answer:
likoan [24]3 years ago
5 0

Answer: $61,705

Step-by-step explanation:

i=prt

(35000)(.109)(7)=26705

35000+26705=61705

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