Multiple Choice
Use the formula A = P(1 + rt) to find the indicated quantity.
-Allan borrowed $5500 from his father to buy a car. He repaid him after 10 months with interest of 5% per year. Find the total amount he repaid.
A) $229.17
B) $5775.00
C) $5706.25
D) $5729.17
Correct Answer:
Verified
Correct Answer:
Verified
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