SOLUTION: Bob borrows $2000 at 5% simple interest. At the end of 6 months, he pays off the loan and interest. How much does he pay to settle the loan? Round your answer to the nearest cent,
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Question 1064805: Bob borrows $2000 at 5% simple interest. At the end of 6 months, he pays off the loan and interest. How much does he pay to settle the loan? Round your answer to the nearest cent, if necessary. Answer by addingup(3677) (Show Source):
