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Ida wants to buy a car. She borrows $2500 at an interest rate of 4% and pay the total off after 12 months. What is the amount of interest she will pay each month?

Ida wants to buy a car. She borrows $2500 at an interest rate of 4% and pay the total off after 12 months. What is the amount of interest she will pay each month?
asked 85.3k views
9 votes
Ida wants to buy a car. She borrows $2500 at an interest rate of 4% and pay the total off after 12 months. What is the amount of interest she will pay each month?

asked
User Scott Presnell
by
7.9k points

1 Answer

11 votes

Answer:2600

Explanation:

answered
User Cris R
by
8.0k points
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