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26 November, 18:56

Chelsea takes out a loan of $900 to buy a new laptop. The loan has a simple interest rate of 5% annually.

How much interest will she pay in 2 years?

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  1. 26 November, 19:13
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    Answer

    90

    Step-by-step explanation:

    to find one year of a lone do 900 times 0.05 which is 45

    since it is 2 years, she will pay 90 dollars (45+45)
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