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Mathematics, 08.12.2020 21:30 skyemichellec

Mr. Jennings is shopping for a car loan. He wants to buy a car that costs $18,000. He plans to pay $5,000 in cash and get a loan for the rest. If the annual interest rate on the loan is 5%, how much interest will he pay in the first year? Select one: O$250
O$900
O $650
O$500

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