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20 June, 08:51

Malik borrowed $8,000 to buy a new boat. He will pay off the loan after 4 years by paying back the principal plus 6.5% simple interest. How much will Malik pay back altogether?

A. $520 B. $2,080 C. $8,000 D. $10,080

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Answers (1)
  1. 20 June, 09:02
    +1
    The answer is D - 10, 080
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