A customer charges a treadmill at Sports Equipment Shop. The price is $5000 and the financing charge is 6% per annum if the bill is not paid in 30 days. The customer fails to pay the bill within 30 days and a finance charge is added to the customer's account. What is the amount of the finance charge?
A) $9
B) $25
C) $90
D) $300
Correct Answer:
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