blagushailengh217778 blagushailengh217778

09-12-2021
Mathematics

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Patrick took out a loan for $500 at 4.2% simple interest. If he pays it back in 2 years, how much interest will he have to pay?

Respuesta :

MrGrayEzra MrGrayEzra

09-12-2021

Answer:

Simple Interest = $542

Compound Interest = $542.88

Step-by-step explanation:

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