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  • 22-12-2022
  • Mathematics
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Ms. Jenson purchased a car. She borrowed
$18,000 for 3 years at an annual simple interest
rate of 7%. How much interest will she pay if
she pays the entire loan off at the end of the
third year?
A) $1,260.00
C) $3,780.00
B) $21,780.00
D) $12,600.00

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