Multiple Choice
A woman borrowed $30,000 at 2% interest compounded annually. If the loan was paid off in one lump sum at the end of 6 years, how much did she pay?
A) $33,784.87
B) $33,600.00
C) $30,600.00
D) $3784.87
Correct Answer:
Verified
Correct Answer:
Verified
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