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You are considering buying a cell phone for $600, but you don't have $600 saved. You must get a loan from the bank. They are charging 9% interest for 2 years. How much interest will you pay in addition to the cost of the phone?

A. 108
B. 1080
C. 54
D. 540

1 Answer

12 votes
I believe it is C .09x600=54
answered
User JayK
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