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    Calculus Concepts
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    Exam 1: Ingredients of Change: Functions an Limits
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    Calculate the Total Amount Due After Two Years on a Loan
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Calculate the Total Amount Due After Two Years on a Loan

Question 19

Question 19

Multiple Choice

Calculate the total amount due after two years on a loan of $1100 with a simple interest charge of 7%.


A) $1254
B) $1204
C) $1304
D) $1354
E) $1154

Correct Answer:

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