Mathematics, 26.11.2020 04:20 id0617045

Aaron has $4,500 saved to pay for an ATV that costs $7,500. Aaron’s parents will loan him the remaining amount due for the ATV. They will charge him a simple annual interest rate of 5%. If Aaron takes 30 months to pay back the loan, what will be the amount he pays back on the loan?

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Aaron has $4,500 saved to pay for an ATV that costs $7,500. Aaron’s parents will loan him the remai...

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