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Mrs. Thomas borrows $8,000 for college at a yearly simple interest rate of 6%. She takes 10 years to pay off the loan and interest. How much interest does she pay?​

Mrs. Thomas borrows $8,000 for college at a yearly simple interest rate of 6%. She takes 10 years to pay off the loan and interest. How much interest does she pay?​
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3 votes
Mrs. Thomas borrows $8,000 for college at a yearly simple interest rate of 6%. She takes 10 years to pay off the loan and interest. How much interest does she pay?​

User AdrienW
by
7.6k points

1 Answer

4 votes

Answer:

4800

Explanation:

User Wjans
by
7.5k points
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