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24-10-2019
Mathematics

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Mr. James borrows money from the bank for a new car. He borrows $10,000 at 3% for 5 years. How much will he pay in interest?

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sarge9023 sarge9023

24-10-2019

Answer:

$1,500

Step-by-step explanation:

I = PRT

I = 10,000 × .03 x 5

I = $1,500

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