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11 July, 16:50

Malik borrowed $8,000 to buy a new boat. He will pay off the loan after 4 years by paying back the principal plus 6.5% simple interest. How much will Malik pay back altogether?

A. $520 B. $2,080 C. $8,000 D. $10,080

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  1. 11 July, 17:08
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    The answer is D - 10, 080
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