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Mathematics, 23.10.2019 18:00 kyleeeeee94

Raoul needs $200 to start a snow cone stand for this hot summer. he borrows the money from a bank that charges 4%
simple interest per year.
a. how much will he owe if he waits 1 year to pay back the loan? if he waits 2 years? 3 years? 4 years? 5 years?

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