Question
Cindy took a renovation loan of $14 000 from the bank. She paid 6.5% interest to the bank in the first year. How much interest did she pay the bank in the first year?
2 m

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Cindy took a renovation loan of $14 000 from the bank. She paid 6.5% interest to the bank in the first year. How much interest did she pay the bank in the first year?