Multiple Choice
Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.
-Allan borrowed $6500 from his father to buy a car. He repaid him after 4 months with interest of 2% per year. Find the total amount he repaid.
A) $6630.00
B) $6543.33
C) $6532.50
D) $43.33
Correct Answer:
Verified
Correct Answer:
Verified
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