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If you borrow $500 for 6 years at an interest rate of 9%, how much interest will you pay?

If you borrow $500 for 6 years at an interest rate of 9%, how much interest will you pay?
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If you borrow $500 for 6 years at an interest rate of 9%, how much interest will you pay?

User Long Ears
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1 Answer

3 votes
You will pay $270 in interest and $770 in total.
User Andrea Ratto
by
7.8k points
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