taecupps32
taecupps32 taecupps32
  • 16-01-2021
  • Mathematics
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Elsa and Anna want to open up an ice business. They borrow $4,000 to start the new business. The simple interest rate on the loan is 2.5%. How much interest will they pay after 4 years?

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SLAlson
SLAlson SLAlson
  • 16-01-2021

Answer:

Simple interest=$400

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