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21 April, 18:55

Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan?

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Answers (2)
  1. 21 April, 19:23
    0
    The answer is $13,595.34
  2. 21 April, 22:30
    +1
    13,564.8 is the answer
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