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If you borrow $700 for one year at an interest rate of 8%, how much interest will you pay?

If you borrow $700 for one year at an interest rate of 8%, how much interest will you pay?
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If you borrow $700 for one year at an interest rate of 8%, how much interest will you pay?

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User Thomas Traude
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1 Answer

6 votes

if you borrow $700 for one year at an interest rate of 8%, you will pay $56 in interest.

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User Ricky Supit
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