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The office manager of First Tech Support borrowed $25,000 to purchase new computers for employees. The bank charges 6 percent interest for 4 years. How much interest will the company pay in all? $1,200
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The office manager of First Tech Support borrowed $25,000 to purchase new computers for employees. The bank charges 6 percent interest for 4 years. How much interest will the company pay in all?

$1,200
$1,500
$4,800
$6,000

User Adel Tabareh
by
8.6k points

2 Answers

3 votes

Answer:

6,000

Explanation:

User Ahmad Yoosofan
by
8.7k points
4 votes

Answer:

it is 6,000$

Explanation:

User Kshitij Saraogi
by
7.5k points
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