Mathematics, 27.04.2021 20:10, 1tzM3

Ms. Young acquired a loan of $40,000 at her local bank. The loan has a simple interest rate of 6% per year. What is the amount of interest that Ms. Young will be charged on the loan at the end of 5 years.

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Ms. Young acquired a loan of $40,000 at her local bank. The loan has a simple interest rate of 6% pe...