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27-10-2021
Mathematics

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Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends up repaying?

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em1002553 em1002553

27-10-2021

Answer:

Step-by-step explanation:

Simple interest= Principal× rate× time/ 100 Amount= Simple interest + Principal

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