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Mathematics, 24.02.2020 00:02 matluck7956

A bank charges a simple interest of 3.5% on a loan of $5000 to be paid back over a period of 3 years. How much will the borrower pay in total after three years of paying the required amount?

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A bank charges a simple interest of 3.5% on a loan of $5000 to be paid back over a period of 3 years...

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