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Solve the Problem. -Jack Borrowed $1,110 from His Brother. Jack's Brother Wants 9

Question 164

Multiple Choice

Solve the problem.
-Jack borrowed $1,110 from his brother. Jack's brother wants 9 monthly payments of $140 to repay the loan. How much extra is Jack's brother charging for the loan?


A) $1,260
B) $150
C) $1,360
D) $10

Correct Answer:

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