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3 years ago

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A bank offers an annual simple interest rate of 8% on home improvement loans. Tobias borrowed $17,000 over a period of 2 years.

How much did he repay altogether?
A. $1,360
B. $2,720
C. $18,360
D. $19,720

1 answer:

Cerrena [4.2K]3 years ago

3 0

The correct answer is C hope this helps!

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We have,

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