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Cate bought a new car for $25,000. The bank granted her a loan with a simple interest rate of 7% over a 5-year period. How

Cate bought a new car for $25,000. The bank granted her a loan with a simple interest rate of 7% over a 5-year period. How much will Cate pay in interest by the end of the loan? O $1,750 O $8,750 O $7,142 O $3,500 Submit Answer Save for Later

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