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Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan?

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Answers (2)
  1. 20 May, 17:08
    0
    The answer is $13,595.34
  2. 20 May, 17:10
    0
    13,564.8 is the answer
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