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Mathematics, 24.05.2021 19:30 autumnstalvey67

You have taken a loan of $5,500 from the bank at a simple interest rate of 3%. After 4 years, you aren't sure how much you owe. Your friend thinks you owe $6,160 and you think you owe $5,900,
Who is correct?

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You have taken a loan of $5,500 from the bank at a simple interest rate of 3%. After 4 years, you a...

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