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Rita borrows $500 at an annual rate of 8.25% simple interest to enrol in a driver's education course. She plans to repay the loan in 18 months.
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Rita borrows $500 at an annual rate of 8.25% simple interest to enrol in a driver's education course. She plans to repay the loan in 18 months.

User Narwanimonish
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1 Answer

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$500X(1.0825+0.04125)=$561.875
User Kaushal Kumar Singh
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