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OpenStudy (faman39):
Karim borrowed $120 from his older brother for the purchase of a skateboard. He promised to pay back the loan in 6 months at a simple annual interest rate of 15%. How much will Karim owe his brother at that time?
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OpenStudy (anonymous):
E
OpenStudy (anonymous):
I = prt = 120 * 15% * 1/2 = $9 -> Total owned: 120 + 9 = $129
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