Taliyah plans to borrow $4,500 from the bank to purchase a used vehicle. If she borrows the money at a rate of 4% simple interest for 2 years, what is the total amount she will have to pay back to the bank?

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Answer:

9360

Step-by-step explanation:

4500*1.04(2)

The initial 4500 she borrowed times 1.04 (the increasing percent) times 2 (the number of years)

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