John borrowed $8,500 for 1 year at 8% simple interest from Quicker Loans. At the end of the 1-year, what is the total loan amount that John will need to repay Quicker Loans?

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asked Jan 24, 2023 45.8k views

3 votes

John borrowed $8,500 for 1 year at 8% simple interest from Quicker Loans. At the end of the 1-year, what is the total loan amount that John will need to repay Quicker Loans?

Mathematics
middle-school

NealJMD asked

by NealJMD

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2 Answers

2 votes

Answer:

9180 prety easy if you ask me im in 5th grade lol

Explanation:

Erikas answered Jan 25, 2023

by Erikas

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13 votes

Answer:$ 9,180 i hope this helps if not i'm really sorry

Michail N answered Jan 28, 2023

by Michail N

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