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    The Amount of Interest Owed on a Loan of $2,000
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The Amount of Interest Owed on a Loan of $2,000

Question 39

Question 39

Multiple Choice

The amount of interest owed on a loan of $2,000 after a year at an interest rate of 10 percent is:


A) $2,100.
B) $2,200.
C) $200.
D) $100.

Correct Answer:

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