Multiple Choice
Exhibit 29-2
-Refer to Exhibit 29-2. The interest and interest rate for loan 3 are, respectively,
A) $500 and 10.5 percent.
B) $10,500 and 5.0 percent.
C) $10,500 and 10.5 percent.
D) $500 and 5.0 percent.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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