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Michael borrowed $4,500 from the bank. the back charged a simple interest rate of 10.5% for the 3 years he had the back loan. what was the total cost of the loan ? HURRY .

Michael borrowed $4,500 from the bank. the back charged a simple interest rate of 10.5% for the 3 years he had the back loan. what was the total cost of the loan ? HURRY .
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michael borrowed $4,500 from the bank. the back charged a simple interest rate of 10.5% for the 3 years he had the back loan. what was the total cost of the loan ? HURRY .

User Fleepp
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5 votes

Answer:

$1417.50+$4500= 5917.50

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