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23 October, 08:33

Margo borrows $600, agreeing to pay it back with 4% annual interest after 18 months. How much interest will she pay?

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  1. 23 October, 08:47
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    To find the simple interest, we multiply 600 * 0.04 * 1.5 to get that:

    The interest is: $36.00
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