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12 December, 01:18

Two years ago, Ben borrowed $150 from his brother to buy a CD player. He agreed to pay $15 in interest. What is the simple annual interest rate for this loan

A. 3.0%

B. 5.0%

C. 6.0%

D. 6.5%

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Answers (1)
  1. 12 December, 01:43
    0
    It would be C. 6.0% that is what I believe
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