Question: QUESTION 3 If you borrowed $15,000 at a simple interest rate of 6% from your friend and promised to give back $20,000, for how

QUESTION 3 If you borrowed $15,000 at a simple interest rate of

QUESTION 3 If you borrowed $15,000 at a simple interest rate of 6% from your friend and promised to give back $20,000, for how long can you have the loan? 4.5 years 5.55 years 6.75 years 7.56 years

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