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Hector needs to borrow $20000 to pay a contractor for a home addition. The bank is offering him a 4.8% simple interest loan and is charging $4800 in interest during the life of the loan. How long is the life of the loan?
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Cano went to Gator's Dockside for "all-you-can-eat" wings. The food bill totaled $25. He also left $2 for the tip. What percentage of the bill was his tip?
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