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    Practical Problems in Mathematics For Automotive Technicians
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    Exam 20: Interest and Taxes
  5. Question
    How Much Interest Will $200
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How Much Interest Will $200

Question 2

Question 2

Multiple Choice

How much interest will $200.00 earn in one year if the interest rate is 8 1/4%?


A) $15.50
B) $16.50
C) $17.50
D) $18.50

Correct Answer:

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