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The simple interest rate on a loan of 200$ at 10% interest per year is A- 10$ B-15$ C- 20$ D- 25$

The simple interest rate on a loan of 200$ at 10% interest per year is A- 10$ B-15$ C- 20$ D- 25$
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The simple interest rate on a loan of 200$ at 10% interest per year is

A- 10$
B-15$
C- 20$
D- 25$

asked
User Eddie Martinez
by
7.6k points

1 Answer

4 votes
I would say C and that Is because 10% of 200 is 20
answered
User Ferbolg
by
7.9k points
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