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  • 04-12-2020
  • Mathematics
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Mr. Reis borrowed $4,000 for 3 years at a 6% interest rate. How much does Mr. Reis have to pay back total?

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mcastroag000
mcastroag000 mcastroag000
  • 05-12-2020

Answer:

He owes 12000

Step-by-step explanation:

He owes 12000 because if he borrowed 4000 for 3 years 4000 times 3 = 12000

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