Damon convinced his aunt to lend him $7,100 to purchase a digital TV. He has agreed...
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Damon convinced his aunt to lend him $7,100 to purchase a digital TV. He has agreed to charge only 9 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year? Interest amount Damon convinced his aunt to lend him $7,100 to purchase a digital TV. He has agreed to charge only 9 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year? Interest amount
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