AnswersFinancial Literacy WMHS - Semester 1Credit and LoansQuestion 9
9
QuizMultiple Choice

Credit and Loans

Question 9 • Financial Literacy (WMHS) - Semester 1

What is the compound interest on a three-year, $100.00 loan at a 10 percent annual interest rate?

Answer
A
$10.00
B
$21.00
C
$33.10
D
$46.41
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