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01-03-2019
Mathematics

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You borrow 2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end of 4 years?

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ColtonCrysler14 ColtonCrysler14

01-03-2019

0.03✖️365 = 10.95
10.95✖️4 = 43.8

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