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Elsa took out a 4-year loan to buy a car at a 7.25% simple interest rate. If she has to pay $2,900 in interest. How much interest did she pay each 1 year?

Elsa took out a 4-year loan to buy a car at a 7.25% simple interest rate. If she has to pay $2,900 in interest. How much interest did she pay each 1 year?
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Elsa took out a 4-year loan to buy a car at a 7.25% simple interest rate. If she has to pay $2,900 in interest. How much interest did she pay each 1 year?

User FarFarAway
by
8.7k points

1 Answer

6 votes

Answer:

her life

Explanation:

User Bosen
by
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