Mathematics, 03.02.2021 05:50 stinematesa
The shoe store manager borrowed $17,000,000 from the bank to purchase 1000 pairs of shoes. The bank
charges a simple interest rate of 5% per year on a loan to a business. If it takes 3 years to pay back the loan
and the interest what is the total amount of interest that the shoe store will pay?
Answers: 2
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The shoe store manager borrowed $17,000,000 from the bank to purchase 1000 pairs of shoes. The bank...
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