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Mathematics, 05.05.2020 05:45 brittneyrost3722

A woman obtained a 2-year loan to cover the costs of a vacation. She was surprised to find that the simple annual interest rate of 8.5% meant that she would be paying $425 in interest. What was the original amount of her loan?

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A woman obtained a 2-year loan to cover the costs of a vacation. She was surprised to find that the...
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