lgbentes7811 lgbentes7811

24-01-2024
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A $5000 loan was reimbursed with 8% simple annual interest, for a total of $_______. What was the duration of the loan?

a. $5400, 1 year
b. $5400, 2 years
c. $5400, 3 years
d. $5600, 1 year

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