Summers Ortega
03/29/2024 · Senior High School
Angelica Salazar Find the total amount of money (maturity value) that the borrower will pay back on a loan of \( \$ 1,220 \) at \( 7 \frac{1}{2} \% \) simple interest for 10 years. This question: 1 point(s) possible The total amount paid will be \( \$ \square \). (Round to the nearest dollar.)
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The total amount paid will be $2,135.
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