Sir Gab borrowed 3,600 to finance his printer repair at a rate of 6.25% for 4.75 years. How much interest did he pay?
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Answer:
3600
6.25= 0.0625
3600×0.0625= 225
225× 4.75= 1068.75
1068.75+ 3600= 4668.75
4668.75
is the total
interest is 1068.75
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