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Mathematics, 04.04.2020 04:51 mikaelalcool49

Suppose you borrow $300 from your grandfather, who charges 5% simple interest (He’s “teaching” you a lesson about money). If you’re paying him back in one payment at the end, how much do you owe him in 2 years?

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Suppose you borrow $300 from your grandfather, who charges 5% simple interest (He’s “teaching” you a...
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