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Eva Maria borrowed money from her father and agreed to pay him 4% simple annual interest. At the end of 7 years, Eva Maria owes $1736 in interest. What amount did Eva Maria borrow from her father?
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Eva Maria borrowed money from her father and agreed to pay him 4% simple annual interest. At the end of 7 years, Eva Maria owes $1736 in interest. What amount did Eva Maria borrow from her father?

User Nirvdrum
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8.1k points

2 Answers

5 votes

Answer:

D 6200

Step-by-step explanation: big brain

User Hasanthi
by
9.1k points
0 votes

4% simple interest after 7 years is 28% interest.

$1736 interest is 28% of $6,200

User Yissel
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