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Margo borrows $200, agreeing to pay it back with 2% annual interest after 9 months. How much interest will she pay? Round your answer to the nearest cent, if necessary.

Margo borrows $200, agreeing to pay it back with 2% annual interest after 9 months. How much interest will she pay? Round your answer to the nearest cent, if necessary.
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6 votes
Margo borrows $200, agreeing to pay it back with 2% annual interest after 9 months. How much interest will she pay?

Round your answer to the nearest cent, if necessary.

asked
User Rafawhs
by
7.7k points

1 Answer

6 votes

Answer:

i=prt /100

200×2×9÷100=3.6

answered
User Xinnjie
by
8.2k points
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