Valerie took out a loan to pay off some bills. She borrowed $1,200 at an annual interest rate of 9%. How much interest did she pay on the loan the first year? $108 $120 $150 $162.50

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asked May 4, 2020 113k views

2 votes

Valerie took out a loan to pay off some bills. She borrowed $1,200 at an annual interest rate of 9%. How much interest did she pay on the loan the first year?

$108
$120
$150
$162.50

Mathematics
middle-school

Yaroslav Bulatov asked

by Yaroslav Bulatov

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1 Answer

2 votes

Answer: 150

Step-by-step explanation: stuffs marshmello in your mouth until u drop !!!

Orca answered May 8, 2020

by Orca

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