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A Loan Of $\$ 12,000$ Is Due in 9 Months with Interest Of

Question 123

Multiple Choice

A loan of $\$ 12,000$ is due in 9 months with interest of $12 \%$ . Find the total amount that will be due.

A) $\$ 1080$
B) $\$ 12,000$
C) $\$ 13,080$
D) $\$ 10,560$

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