Sarah is able to take out a loan for $5000 for one year at an annual interest rate of 10 percent.After calculating her rate of return to be $450,Sarah will:
A) make $450 on net,and should take out the loan.
B) lose $450 on net,and should not take out the loan.
C) make $50 on net,and should take out the loan.
D) lose $50 on net,and should not take out the loan.
Correct Answer:
Verified
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