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Tedric sells used cars at 12% simple annual interest. Amy buys a $9,000 car fully financed through Tedric (no down payment) for 5 years. If
Tedric sells used cars at 12% simple annual interest. Amy buys a $9,000 car fully financed through Tedric (no down payment) for 5 years. If necessary, round your answers to the nearest cent! A) Determine the future value of Amys loan.
B) Determine the amount of interest Amy will pay for this car.
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