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Jason borrowed from Anna

Anna loaned her friend Jason $1,000 for 6 months at 6% simple interest. What is the future value of the loan and how much finance charge will Jason pay?

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Anna loaned her friend Jason $1,000 for 6 months at 6%simple ...

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This solution is comprised of a detailed explanation to answer what is the future value of the loan and how much finance charge will Jason pay.

$2.19