mokihana mokihana

29-03-2021
Mathematics

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if you borrow $700 for 5 years at an annual interest rate of 7%, how much will you pay altogether?

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yasinyanna000 yasinyanna000

29-03-2021

Answer:

707 dollars

Step-by-step explanation:

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cracklemeacrackler cracklemeacrackler

29-03-2021

Answer: $945.00

Explanation: $700 x 0.07 = 49 which is for one year multiple this by 5 which gives you $245.00 then add the $700 loan you borrow which give us $945.00 as our total

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