lmsantacruz8
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Rita has taken out a loan for $2000 to help pay for a car. The 2-year loan has 12% simple annual interest. What is the total amount of money that she will have paid back at the end of the 2 years?

Respuesta :

Answer:

$480

Step-by-step explanation:

Assuming she dosen't miss any payments, after 2 years she will have paid $480 as 12% of 2000 is 240 and 240 times 2 = 480.

Hope this helps!

GlassyGold

Answer:

2,480

Step-by-step explanation:

The answer is 2,480! :D

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