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22 November, 18:37

Lina took out a 4-year loan for $14,000 to buy a new car. She has to pay 4% simple interest on the loan. How much will Lina have paid in all after the four years?

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  1. 22 November, 21:16
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    16,240 is the answer

    ((14,000*4%) 4) + 14,000
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