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Personal Finance - EL3403
Credit and Loans
Question 3
3
Quiz
Multiple Choice
Credit and Loans
Question 3 • Personal Finance - EL3403
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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