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Ryan takes out a student loan for $11,500 at a simple interest rate of 14.1% per year. If he does not make any payments, how much total interest will ryan wow at the end of 2 years?

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  1. 9 June, 07:10
    0
    3243

    Step-by-step explanation:

    14.1 divided by 100 = 0.141

    0.141 x 11,500 = 1621.5

    1621.5 x 2 = 3243
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