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Pls help me on this what is the correct answer
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4 votes
Pls help me on this what is the correct answer

Pls help me on this what is the correct answer-example-1
User Kaki Gadol
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4.7k points

1 Answer

5 votes

Answer:

C 61,705

Explanation:

10.9% of 35,000 = 3,815

3,815 x 7 = 26,705 (interest is added per year and 3,815 is the interest amount)

35,000 + 26,705 = 61,705 ( the original loan plus the interest for 7 years)

User Alan Millirud
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