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NEED HELP ASAP: Example: Alex borrows $1,000 for 5 Years, at 10% simple interest: • Interest = $1,000 x 10% X 5 Years = $500 - Plus the Principal of $1,000 means Alex needs to p…

NEED HELP ASAP: Example: Alex borrows $1,000 for 5 Years, at 10% simple interest: • Interest = $1,000 x 10% X 5 Years = $500 - Plus the Principal of $1,000 means Alex needs to p…
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NEED HELP ASAP:

Example: Alex borrows $1,000 for 5 Years, at 10% simple interest:
• Interest = $1,000 x 10% X 5 Years = $500
- Plus the Principal of $1,000 means Alex needs to pay $1,500 after 5 Years

NEED HELP ASAP: Example: Alex borrows $1,000 for 5 Years, at 10% simple interest: • Interest-example-1
User Hung
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8.6k points

1 Answer

2 votes

Answer:

Step-by-step explanation: idk good luck ;)

User Vivo
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7.6k points
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