Charlotte borrowed $834 to pay for a weekend trip. The interest rate she agreed to pay is 3%. If she takes 2 years to pay back the loan, how much will she owe?
a) $25.02
b) $50.04
c) $884.04
d) $3127.50
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The interest rate she agreed to pay is 3%. If she takes 2 years to pay back the loan, how much will she owe? $25.02
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