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James borrows $300 at an interest rate of 8% and takes 5 years to pay it off. How much does he pay? Question 2 options: $420 $120 $240 $600

James borrows $300 at an interest rate of 8% and takes 5 years to pay it off. How much does he pay? Question 2 options: $420 $120 $240 $600
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3 votes
James borrows $300 at an interest rate of 8% and takes 5 years to pay it off. How much does he pay? Question 2 options: $420 $120 $240 $600

asked
User Ritesh Aryal
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7.9k points

1 Answer

5 votes
$420 is the correct answer
answered
User NicolasElPapu
by
8.2k points
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