Mathematics, 06.05.2020 08:57 ajayrose

Kyle borrows $25,000 from the Capital One bank to be repaid in 4 years. The bank charges an annual rate of 4.5% simple interest. How much will Kyle pay back to the bank at the end of 4 years in terms of principal and interest?

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Kyle borrows $25,000 from the Capital One bank to be repaid in 4 years. The bank charges an annual r...