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1. Marie took out a loan for $250 for a Nintendo Switch. She plans to pay the 1 point
loan off in 18 months. At an annual interest rate of 7%, how much will Marie
have paid altogether for the Nintendo Switch? *

Respuesta :

Answer: $276.25

Step-by-step explanation:

250 times .07 = 17.5

17.5 times 1.5 = 26.25

250 + 26.25 = 276.25

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