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Steve Marshall · Answer 1 · 2021-09-01T20:44:02+0000

The correct answer would be 2,656.25 because you take the 8.5% and move the decimal 2 places to the left.

Now multiply the total (250,000) by .085% and you get $21,250

You will now take 21,250 and divide it by 8 giving you the answer.

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