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Answers MCS Economics BL Credit and LoansQuestion 2

2

QuizMultiple Choice

Credit and Loans

Question 2 of 22 • MCS Economics BL

The simple interest on a loan of $200 at 10 percent interest per year is

Answer

A

$10 per year until the loan is paid off.

B

$15 per year until the loan is paid off.

C

$20 per year until the loan is paid off.

D

$25 per year until the loan is paid off.

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Credit and Loans - Question 2 | MCS Economics BL | Revolt