Multiple Choice
Suppose that you took out a loan at 12% interest for 200 days. If the amount of interest was $690.41, use the exact interest method to find the amount of principal you borrowed. (Round to the nearest whole dollar amount)
A) $10,356.00
B) $10,500.00
C) $4,540.00
D) $45.00
Correct Answer:
Verified
Correct Answer:
Verified
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