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If you borrow $1425 for 9 years at an interest rate of 4%, how much interest will you pay?

If you borrow $1425 for 9 years at an interest rate of 4%, how much interest will you pay?
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If you borrow $1425 for 9 years at an interest rate of 4%, how much interest will you pay?

User Himanshu Ahire
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1 Answer

8 votes

Answer:

You would pay $242 in total interest over the life of this loan.

Explanation:

User Oday Salim
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