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    Exam 5: Consumer Credit: Advantages, Disadvantages, Sources, and Costs
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    Peter Borrowed $225
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Peter Borrowed $225

Question 96

Question 96

Multiple Choice

Peter borrowed $225. He paid $20 interest and a service charge of $3.00. What is his finance charge?


A) $3.00
B) $20.00
C) $23.00
D) $225.00
E) $248.00

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