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Mathematics, 01.12.2020 18:50 alexamorantess

Ariane borrows $500 on a 3−year loan. She is charged 5% simple interest per year. How much interest is she charged for 3 years? What is the total amount she has to pay back?

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Ariane borrows $500 on a 3−year loan. She is charged 5% simple interest per year. How much interest...
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