Multiple Choice
Joyce took out a loan for $21,900 at 12% on March 18, 2018, which will be due on January 9, 2019. Using ordinary interest, Joyce will pay back on Jan. 9 a total amount of:
A) $2,167.10
B) $24,068.10
C) $24,038.40
D) $2,138.40
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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