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12 October, 08:09

I = $993.86

I = ?

Jennifer borrowed $5,000 at 8% simple interest for 11 months. How much interest will she pay?

P = 5,000

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Answers (1)
  1. 12 October, 08:11
    0
    -4,000.14

    Explanation:

    By subtracting the Amount had by the amount payed ...
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