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Tony takes out a student loan to pay his college tuition this year. Find the interest on the loan if he borrowed $2500 at a simple interest yearly rate of 6% for 15 years.
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Tony takes out a student loan to pay his college tuition this year. Find the interest on the loan if he borrowed $2500 at a simple interest yearly rate of 6% for 15 years.

User Kartik Bhatt
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$8,250.00 for 15 years

User Rae
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