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Marissa purchased a couch from The Furniture Find for $700 and agreed to purchase it on credit through the store. She was charged a simple interest 5% annually and paid off her couch in two years. How much did the couch end up costing her, when you figure in the interest?

1 Answer

2 votes

Answer:

The interest is $35 so it ends up costing her $70

Explanation:

User Bluesman
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