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Yolanda wants to buy a new boat but needs money for the down payment. Her parents agree to lend her money at an annual rate

image text in transcribed Yolanda wants to buy a new boat but needs money for the down payment. Her parents agree to lend her money at an annual rate of 6%, charged as simple interest. They lend her $2000 for 6 years. She makes no payments except the one at the end of that time. Answer the following questions. If necessary, refer to the list of financial formulas

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