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Joe borrowed $9,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 7 years?
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Joe borrowed $9,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 7 years?

User Mirian
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1 Answer

11 votes
$14,452.03

9k with a 7% interest for 7 years is + 5,452 dollars and 3 cents.
Joe borrowed $9,000 from the bank at a rate of 7% simple interest per year. How much-example-1
User James Elliott
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