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Victor borrowed money at 5.25 percent simple annual interest. At the end of the year, the interest on the loan is $255.94. What was the amount of the loan? A:$13.44 B:$134.37 C:…

Victor borrowed money at 5.25 percent simple annual interest. At the end of the year, the interest on the loan is $255.94. What was the amount of the loan? A:$13.44 B:$134.37 C:…
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Victor borrowed money at 5.25 percent simple annual interest. At the end of the year, the interest on the loan is $255.94. What was the amount of the loan?

A:$13.44
B:$134.37
C:$1,343.69
D:$4,875.05

asked
User Timo Reymann
by
8.1k points

2 Answers

1 vote

Answer:

ITS C

Explanation:

answered
User Samarth Kejriwal
by
7.2k points
3 votes

Answer:

A) $13.44

Explanation:

answered
User PixelPlex
by
7.8k points
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