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26 March, 08:15

If you borrow $1,700 at 7% simple interest for one year, how much interest will you pay?

A. $1819

B. $119

C. $7.00

D. $120

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Answers (1)
  1. 26 March, 08:17
    0
    The answer is b. 1700 times 0.07 is 119.
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