3
QuizMultiple Choice

Borrowing Money

Question 3 • 2025-2026 GSP Mathematical Reasoning for Decision Making

Dana just finished paying off the $15,400 loan she took out four years ago. The loan had 6.68% interest, compounded monthly. If Dana paid a total of $18,321.60, how much did she pay in service charges? a. $730.08 b. $366.49 c. $1,028.72 d. $266.76 Please select the best answer from the choices provided

Answer
A
A
B
B
C
C
D
D
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