Margo borrows $1300, agreeing to pay it back with 5% annual interest after 8 months. How much interest will she pay? Round your answer to the nearest cent, if necessary. $
Margo borrows $1300, agreeing to pay it back with 5% annual interest after 8 months. How much interest will she pay? Round your answer to the nearest cent, if necessary. $
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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How much interest will she pay?
Round your answer to the nearest cent, if necessary."
Transcribed Image Text:Margo borrows $1300, agreeing to pay it back with 5% annual interest after 8 months.
How much interest will she pay?
Round your answer to the nearest cent, if necessary.
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