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17 February, 10:37

You borrow 2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end of 4 years?

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  1. 17 February, 14:23
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    0.03✖️365 = 10.95

    10.95✖️4 = 43.8
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