Seudónimo Seudónimo
  • 16-01-2021
  • Mathematics
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You get a loan for $2500 with a simple interst of 16% for 3 years. How much to you have to pay back?

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y00rimaw910
y00rimaw910 y00rimaw910
  • 16-01-2021

Answer:

$3,700

Step-by-step explanation:

16% of 2500=400

400×3(years)=1,200

2500+1200=3700

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