Multiple Choice
Solve the problem.
-A man borrowed $2000 at 2.5% interest compounded annually. If he paid off the loan in full at the end of 6 years, how much did he pay?
A) $2050.00
B) $2300.00
C) $319.39
D) $2319.39
Correct Answer:
Verified
Correct Answer:
Verified
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