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Carrie borrowed $800 dollars from her aunt at 8% interest per year. If she paid her a total of $448 in simple interest, how many years did it take her to pay her aunt back?

1 Answer

13 votes

Answer:

13 years

Explanation:

First we will have to see how much she owns her aunt:

800-448= 362

8% of 348 = 27.84

362 ÷ 27.84 = 13 years

I might be wrong but hopefully this helps :)

User Sigve Kolbeinson
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