Stephanie took advantage of the interest-only financing from Rooms-To-Go and borrowed $2,000 with a 15 percent annual interest rate. How much will she have paid in interest after 8 months?

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08-02-2021
Mathematics

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Stephanie took advantage of the interest-only financing from Rooms-To-Go and borrowed $2,000 with a 15 percent annual interest rate. How much will she have paid in interest after 8 months?

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