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1 May, 12:34

The sanctuary takes out a $12,500 loan to renovate its gift shop.

At 5% simple interest, how much would the sanctuary need to pay back in total after 10 years?

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  1. 1 May, 12:47
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    The answer is 6250 this is because you multiply 12500 by 0.05 by 10 and that is the answer you will get
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