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OpenStudy (anonymous):
(medal!!!!) Joanna wants to buy a car. Her parents loan her $5,000 for 5 years at 5% simple interest. How much will Joanna pay in interest?
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OpenStudy (anonymous):
find 5% of 5,000 then multiply by five.... need i say more?
OpenStudy (sbuck98):
5,000*5%=250*5=$1250 in interest.
OpenStudy (anonymous):
Thanks more on the way
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