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Sagot :
Answer:
the interest that would he owe at the end of the two years is $880
Step-by-step explanation:
The computation of the interest that would be owe at the end of two years is shown below
here we applied the simple interest formula
= Principal × rate of interest × time period
= $8,000 × 5.5% × 2
= $880
Hence, the interest that would he owe at the end of the two years is $880
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