4
QuizMultiple Choice

Percent Increase and Decrease

Question 4 of 10 • Common Core Math 7 - MA3107 CR

Bobby borrowed $500 at 12 percent simple annual interest. He paid back $680 to pay off the loan. How many years did it take Bobby to pay back the loan?

Answer
A
3
B
4
C
11
D
12
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Bobby borrowed $500 at 12 percent simple annual…