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    Nick Borrowed $2000 for 4 Years and 3 Months at 8
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Nick Borrowed $2000 for 4 Years and 3 Months at 8

Question 128

Question 128

Essay

Nick borrowed $2000 for 4 years and 3 months at 8% simple interest.
a. How much interest will Nick have to pay?
b. What will be the total amount that he has to pay back?

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