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Unit Test - Question 10 | MO-Mathematics 7 | Revolt

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Answers MO-Mathematics 7 Unit TestQuestion 10

10

QuizMultiple Choice

Unit Test

Question 10 of 10 • MO-Mathematics 7

The following information is known about a loan.Time = 7 yearsInterest rate = 6%Interest = $840.00What was the principal on the loan?

Answer

A

$200.00

B

$352.80

C

$1,862.50

D

$2,000.00

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