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WINGS PA - 26 Economics Smith
Credit and Loans
Question 2
2
Quiz
Multiple Choice
Credit and Loans
Question 2 of 22 • WINGS PA - 26 Economics Smith
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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