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Jaleia borrows $1500 from the bank. To pay back the loan this year, she will pay the bank the amount she borrowed plus 12% simple interest. Jaleia wants to know the total amount…

Jaleia borrows $1500 from the bank. To pay back the loan this year, she will pay the bank the amount she borrowed plus 12% simple interest. Jaleia wants to know the total amount…
asked 109k views
2 votes
Jaleia borrows $1500 from the bank. To pay back the loan this year, she will pay the bank the amount she borrowed plus 12% simple interest. Jaleia wants to know the total amount she will pay back


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asked
User JaminSore
by
7.6k points

2 Answers

1 vote

Answer:

asdfasdf

Explanation:

answered
User Owusu
by
8.4k points
2 votes

Answer:

$1680

Explanation:

1500=100%

100+12(interest)=112

112=1.12(multiplier)

1500×1.12=$1680

answered
User Caverac
by
8.5k points
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