Answered

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Joe borrowed $4,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 9 years?

Sagot :

Answer:

63 interest per year

Step-by-step explanation:

If one year is 7% then you want to do

7x9

7x9=63 interest per year  

HeyImDiamond

Joe pays 63% interest in 9 years.

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