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Mathematics, 21.05.2020 21:14 renaeenriquez2016

2. Ella Nicole paid an interest of $120
on a loan that she borrowed to buy
some school supplies for college.
The simple interest rate on the loan
was 3%. If she repaid the loan in 24
months, how much did she borrow?
[Hint: Convert the months to years]

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Answers: 2

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2. Ella Nicole paid an interest of $120
on a loan that she borrowed to buy
some school s...
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