George borrowed $25,000 for a new car. If George pays simple interest at a rate of
4
1
...
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Mathematics, 09.12.2020 20:10 bullockarwen
George borrowed $25,000 for a new car. If George pays simple interest at a rate of
4
1
4/12
% for 4 years, how much interest will he pay?
A.
$1,124
B.
$4,500
C.
$29,500
D.
$45,000
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