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13-04-2018
Mathematics

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Aaron borrowed $200 from his cousin. He promised to repay the loan in 2 years at a simple annual interest rate of 5%. How much interest will Aaron owe at the end of 2 years?

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blaise827 blaise827

24-04-2018

Aaron will owe $20 of interest at the end of the 2-year term.

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lmsantacruz8 lmsantacruz8

17-11-2020

Answer:

$20

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