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20 August, 08:55

Mary borrowed $11,000 at 5% interest for 4 years. What was the total interest? A. $22 B. $220 C. $2,200 D. $22,000

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  1. 20 August, 12:31
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    A (t) = 11000 (1 + 0.05) ^4

    Your answer comes out to be C
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