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OpenStudy (anonymous):
4. Brock borrows $2,000 from his father and repays the money after 2 years, plus 5% simple interest. How much interest does Brock pay on the loan? Why is the answer to this $200 and not $2000 I did the formula and everything I need help! The answer booklet says $2000 is wrong. Tell me what I did wrong!?
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