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Samantha Borrowed Money to Buy Lawn Equipment to Start Her

Question 39

Multiple Choice

Samantha borrowed money to buy lawn equipment to start her new lawn service business. She borrowed $800 for 9 months and paid $70.50 in interest. What was the rate of interest?


A) 11.75%
B) 6.5%
C) 9.8%
D) 9.79%

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