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08-11-2021
Mathematics

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Michelle wants to borrow $4,500. Bank A will lend
Michelle the money at a simple annual interest rate of 9%
for 6 years. Bank B will lend her the money at 11% for 4
years. Which bank would charge Michelle the least

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08-11-2021

Answer:

So bank B would charge the least amount of interest.

Step-by-step explanation:

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