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Mathematics, 20.11.2020 01:20 Shaylaaaaaaaa

Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan? $251.20
$1,004.80
$11,555.20
$13,564.80

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Answers: 1

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Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total...
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