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Cindy Borrowed $750 from Clare on April 17 at an Interest

Question 257

Multiple Choice

Cindy borrowed $750 from Clare on April 17 at an interest rate of 15%. On June 30 of the same year, Clare repaid the loan with interest. How much interest should she have paid?


A) $22.81
B) $21.63
C) $28.13
D) $112.50
E) $90.87

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