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How much is paid at the end of two years for a loan

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Reference no: EM131622948

Question: 1. How much is paid at the end of two years for a loan of $8,000 if the total interest is $660?

2. A loan of $7,250 is to be repaid in three years and has a simple interest rate of 12%. How much is paid after the three years?

3. Find the maturity value of a $1,800 loan made for two years at simple interest per year.

Reference no: EM131622948

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