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Posted on Jul 30, 2024

Your aunt loans you $ 3 0 , 5 0 0 to help pay for your education. She charges you simple interest of 1 5

Your aunt loans you $

30, 500

to help pay for your education. She charges you simple interest of

15 %

per year. What will you pay your aunt if you pay back the loan at the end of

9

years?

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