Sharon borrowed $750 at 12% for one year. She paid a $20 processing fee. How much will she pay in interest?
1 answer:
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Edit: 33% is not 
, therefore my solution is wrong. The correct answer is 0.33 x 496, which is $163.68
The following is the original solution, which is incorrect.
33% =. Multiply the bonus of $496 by to get the solution of 
, or 165 and
Therefore the solution is $165.33
The following is the original solution, which is incorrect.
33% =
Therefore the solution is $165.33