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12 July, 11:37

Owen has a loan for $3700 at a rate of 5% annually. If the interest is not compounded, what is the total amount of repayment if the loan is for 7 years? A) $1295.00 B) $3700.00 C) $3885.00 D) $4995.00

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  1. 12 July, 11:53
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    Owen's repayment loan for 7 years is D) $4995.00
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