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Tamsyn borrowed $6000 from her uncle to buy a used car. Her uncle charged her an annual simple interest rate of 7%. After 6 years, Tamsyn repaid her uncle in one payment, with i…

Tamsyn borrowed $6000 from her uncle to buy a used car. Her uncle charged her an annual simple interest rate of 7%. After 6 years, Tamsyn repaid her uncle in one payment, with i…
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Tamsyn borrowed $6000 from her uncle to buy a used car. Her uncle charged

her an annual simple interest rate of 7%. After 6 years, Tamsyn repaid her
uncle in one payment, with interest. What was the total amount Tamsyn paid
her uncle?

asked
User Svinota
by
8.1k points

1 Answer

3 votes

Answer:

38.621

Explanation:

$6,000^(.07*6)

.07 being 7% and 6 being years

answered
User Ted Nyberg
by
8.8k points
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