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17-06-2019
Mathematics

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Ashley took out a $1500 loan and promises to pay it back with 5% interest after 18 months. How much interest would she have to pay back?

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17-06-2019

Answer:

75.00

Step-by-step explanation:

1500*0.05

because 5% is her interest you convert 5% into a decimal = 0.05

then you multiply 1500 by 0.05 and you get 75.00

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