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Mathematics

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Arlene borrows $400 on a 4-year loan. She is charged 5% simple
interest per year. How much interest is she charged for 4 years? What
is
the total amount she has to pay back?
I

Answer :

SANNAYA1GO SANNAYA1GO

Answer:

For 4 years she is charged $20. She has to pay back $420

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