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Solve the Problem. -Jack Borrowed $480 from His Brother. Jack's Brother Wants 6

Question 42

Multiple Choice

Solve the problem.
-Jack borrowed $480 from his brother. Jack's brother wants 6 monthly payments of $105 to repay the loan. How much extra is Jack's brother charging for the loan?


A) $45
B) $730
C) $150
D) $630

Correct Answer:

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