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9 December, 09:14

Joana wants to buy a car. Her parents loan her $5,000 for 5 years at 5% simple interest. How much will Joana pay in interest?

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  1. 9 December, 09:20
    0
    1250

    Step-by-step explanation:

    5% of $5000 is 250

    250X5 = 1250
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