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Margo borrows $200, agreeing to pay it back with 2% annual interest after 16 months. How much interest will she pay?
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5 votes
Margo borrows $200, agreeing to pay it back with 2% annual interest after 16 months. How much interest will she pay?

User Rob Starling
by
4.7k points

1 Answer

6 votes

Answer:

$4

Explanation:

2/100 x 200 = 4

User Andrewmitchell
by
4.4k points
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