4-136. If you borrow $3,000 at 6% simple interest per year for seven years, how much will...

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4-136. If you borrow $3,000 at 6% simple interest per year for seven years, how much will you have to repay at the end of seven years? (4.2)

(a) $3,000

(b) $4,511

(c) $1,260

(d) $1,511

(e) $4,260

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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Question Posted: Oct 26, 2024 01:00 PM

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4-136. If you borrow $3,000 at 6% simple interest per year for seven years, how much will you have to repay at the end of seven years? (4.2) (a) $3,000 (b) $4,511 (c) $1,260 (d) $1,511 (e) $4,260
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4-136. If you borrow $3,000 at 6% simple interest per year for seven years, how much will...

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Engineering Economy

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