The city of Bradenton is offering simple interest loans to start-up businesses at a rate of 3.5%.

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The city of Bradenton is offering simple interest loans to start-up businesses at a rate of 3.5%. Mr. Cannata obtains one of these loans of $6000 for 3 years to help pay for start-up costs of his restaurant, Ortygia. Determine the amount of money Mr. Cannata must repay the city after 3 years.

The city of Bradenton is offering simple interest loans to


If necessary round all dollar figures to the nearest cent and round percents to the nearest hundredth of a percent.

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Related Book For  book-img-for-question

A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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