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21 February, 20:34

Marian borrowed money to buy a sound system that costs $450. She is charged 5% simple interest for one year. What is the total amount that she pays for the second system if she pays the full amount in one year?

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Answers (1)
  1. 22 February, 00:13
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    5% of $450 is $22.50

    Add.

    450+22.50

    Sum.

    472.50 for one years interest.
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