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Mathematics, 03.03.2021 22:00 Rachelmontes1

Katie borrowed $2,400 at a simple interest rate of 8.25%. She agreed to repay the entire amount at the end of 1.5 years. How much would she save if she pays off the loan in 1 year instead of 1.5 years?

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Katie borrowed $2,400 at a simple interest rate of 8.25%. She agreed to repay the entire amount at t...
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