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2. Brett took a loan of $25,000 at a rate of 8%. After 4 years, what is the interest he had to pay?
I=Prt. I=$25,000*.08*4, I=$8,000. After 4 years the interest he had to pay is $8,000.
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Expert answered|debnjerry|Points 28358|
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Asked 3/16/2012 10:40:03 PM
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