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21 August, 20:04

Marcela took out a $600 discounted loan with a 4% annual interest rate over a period of 8 months. How much money does Marcela get from the bank when she receives the loan? Round to the nearest dollar.

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  1. 21 August, 23:22
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    4 % of 600 over 8 months is 16

    600-16=584
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