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Simple Interest - Item 1181 Question 2 of 7 You borrow $1,000 on a simple interest loan. You pay an annual rate of 3.5%. You will take 3 years to pay back the loan. How much int…
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Simple Interest - Item 1181 Question 2 of 7 You borrow $1,000 on a simple interest loan. You pay an annual rate of 3.5%. You will take 3 years to pay back the loan. How much int…
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Jan 4, 2021
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Simple Interest - Item 1181
Question 2 of 7
You borrow $1,000 on a simple interest loan. You pay an annual rate of 3.5%. You will
take 3 years to pay back the loan. How much interest will you pay?
$1,000
interest
0%
3.5%
100%
CHECK
Mathematics
middle-school
Sanjay Madnani
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Sanjay Madnani
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Answer:
105$
Explanation:
(1000×0.035)×3
•••
Damien MIRAS
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Jan 9, 2021
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Damien MIRAS
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