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Amy got a $1,000 loan from her bank, and she had to repay $1,550. what are the principal and interest amounts in this transaction? principal is $1,000; interest is $1,550 principal is $1,550; interest is $550 principal is $1,000; interest is $550
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Amy got a $1,000 loan from her bank, and she had to repay $1,550. what are the principal and interes...
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