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Mathematics, 27.05.2021 17:00 Yani0118

I borrowed $400 to buy an MP3 player. I got a two-year loan, and the lender is charging 8% simple annual interest. How much money will I have to pay back? What decimal is equivalent to 8%?

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I borrowed $400 to buy an MP3 player. I got a two-year loan, and the lender is charging 8% simple an...

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