Mathematics, 25.02.2021 15:30 reinajoy

If you take out a loan for $400.00 at a rate of 8% simple interest and pay it off over 1 year, what will be your monthly payment? You will pay a month. 10 points, please answer.

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If you take out a loan for $400.00 at a rate of 8% simple interest and pay it off over 1 year, what...

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