Mathematics, 10.02.2021 02:20 netflixacc0107

Barbara borrowed $2,800 to buy some furniture and is paying 20 percent interest a year for the
loan. The terms of the loan do not require her to
pay off any of the loan balance during the first
year. She only has to make interest payments.
How much interest will she pay the first year if
she does no reduce the principal of the loan?

Answers: 2

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Barbara borrowed $2,800 to buy some furniture and is paying 20 percent interest a year for the

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