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18 May, 02:36

Jessie purchased a used car from a small business. They offered to let him finance or borrow $3200 for a term of 2 years at 11% a year using simple interest.

How much interest will Jessie have to pay the used car dealer?

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  1. 18 May, 05:36
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    Jessie will have to pay $702 for interest for his used car
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