Tony opened a hot dog stand last April. He borrowed $5900 to pay for the stand and startup inventory, and he agreed to pay off the loan in 9 months at 6% simple interest. Find the total amount required to repay the loan.

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07-06-2024
Mathematics

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Tony opened a hot dog stand last April. He borrowed $5900 to pay for the stand and startup inventory, and he agreed to pay off the loan in 9 months at 6% simple interest. Find the total amount required to repay the loan.

Sagot :

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