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PLEASE GIVE ME HE BEST ANSWER. If you borrow $200 at a simple interest rate of 8% per year, how much do you owe after 10 years? A. $2160 B. $280 C. $360 D. $2016

PLEASE GIVE ME HE BEST ANSWER. If you borrow $200 at a simple interest rate of 8% per year, how much do you owe after 10 years? A. $2160 B. $280 C. $360 D. $2016
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PLEASE GIVE ME HE BEST ANSWER. If you borrow $200 at a simple interest rate of 8% per year, how much do you owe after 10 years?

A.
$2160
B.
$280
C.
$360
D.
$2016

asked
User Uziii
by
8.0k points

1 Answer

3 votes

Answer:

C

Explanation:

200x0.08 = 16

16x10 = 160

200+160= 360

Hope this helps!

answered
User Milos
by
8.1k points
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