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30 June, 16:42

Acelynn borrows $1337 to buy a four wheeler. The interest rate is 4% for the 14 year loan. Q: A: How much interest will she pay back for the money borrowed?

A) $53.48 B) $748.72 C) $534.80 D) $2085.72

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  1. 30 June, 20:27
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    1337 x 0.04 (4%) = $53.48

    $ 53.48 x 14 (years) = $748.72
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