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Mathematics, 22.05.2020 22:02 justritegrl

Suppose Bob borrows $5,000 for three years from his rich uncle, who agrees to charge Bob simple interest at 5% annually. How much would Bob have to pay in interest charges every year, and what would his total interest charges be after three years?

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Suppose Bob borrows $5,000 for three years from his rich uncle, who agrees to charge Bob simple inte...
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