Mathematics, 28.01.2021 18:20 nayelimoormann

4. Jada borrowed $1,000 for a new bike but had to pay back $1,000. How much interest does she have to pay? If her interest rate is 5%, how long will it take her to pay off the loan and interest? How much would she save if she borrowed the $1,000 at 4% for the same amount of time?

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4. Jada borrowed $1,000 for a new bike but had to pay back $1,000. How much interest does she have t...

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