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OpenStudy (anonymous):
to help his sister, Lydia, pay for college, Jason offered her a loan at a simple annual interest rate of 2%. at the end of 4 years, Lydia paid off the loan, and Jason received $80 in interest. how much money did Jason loan his sister?
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OpenStudy (nubeer):
I = p*i*t p u have to find. i is interest t is years I is interest. plug in the values and u will get the answer
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