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Avram borrows $14,500 at 5.4% simple interest to opena small business. His bank allows him...

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Basic Math

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Avram borrows $14,500 at 5.4% simple interest to opena small business. His bank allows him 9 years to payback the loan.A. How much simple interest will Avram have to pay onthe loan?B. How much money will Avram have to repay in all?

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