cutiebah123 cutiebah123

03-06-2021
Mathematics

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Ralph borrows $360 at 0.7% simple interest per month. When Ralph pays the loan back 3 months later, how much interest does Ralph pay?

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salman0 salman0

03-06-2021

The interest he pays is $756, the total he pays is $1,116, but only $756 of that is the interest.

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