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Didzo Took a Loan of $14 600 on January 10

Question 119

Multiple Choice

Didzo took a loan of $14 600 on January 10, 2013 at a rate of 9.25%. He repaid the loan on June 4, 2013. What is the interest due on repayment date?


A) $529.10
B) $532.80
C) $536.50
D) $540.20
E) $543.90

Correct Answer:

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