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5 December, 01:25

Devon's mother borrowed $4,000 to have some repairs done on the house. The bank is charging 9% simple annual interest on the loan. How much interest will Devon's mother owe at the end of 3 years?

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  1. 5 December, 01:47
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    I=prt

    I=4,000*0.09*3

    I=1,080
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