Mathematics, 03.10.2019 00:00, arri05

The shoe store manager borrowed $17,000.00 from the bank to purchase 1000 pairs of shoes. the bank charges a simple interest rate of 5% per year on a loan to a business. if it takes 3 years to pay back the loan and interest, what is the total amount of interest that the shoe store will pay?

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The shoe store manager borrowed $17,000.00 from the bank to purchase 1000 pairs of shoes. the bank c...