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17 October, 00:11

Sara has a loan for $1800 at a rate of 16% annually. How much interest will she pay in 4 years?

A) $144.00

B) $288.00

C) $1152.00

D) $2952.00

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Answers (1)
  1. 17 October, 00:14
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    The correct answer is b because if you multiply 1800 by 0.16 then you get 288
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