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Joe borrowed $8,000 on a one year note at 13%. How much will Joe owe when the note comes due? 1040 wasn't right.
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Joe borrowed $8,000 on a one year note at 13%. How much will Joe owe when the note comes due? 1040 wasn't right.

User Chamil
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1 Answer

6 votes
$8,000 x 0.13 = $1040

$8,000 + $1040 = $9,040

answer: $9,040
User Brownmike
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