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Mathematics, 08.10.2019 01:20 Rusven

Louis borrowed $500 from his bank. his bank will charge louis 8% simple interest per year to loan him the money. if he paid back the total amount he
owed the bank, including interest, in 6 months, how much should he have paid?
a. $20
b. $40
c. $520
d. $540

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Answers: 1

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