22-03-2017
Mathematics

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Thang decided to borrow $5000 from his local bank to help pay for a car. His loan was for 3 years at simple interest rate of 7%. How much interest will Thang pay?

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Aliwohaish12 Aliwohaish12

22-03-2017

I=prt
I=5,000×0.07×3
I=1,050

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