Joyce took out a loan for $21,900 at 12 percent on March 18, 2000, which will be due on January 9, 2001. Using ordinary interest, Joyce will pay back on Jan. 9 a total amount:
A. $2,167.10
B. $24,068.10
C. $24,038.40
D. $2,138.40

Question

02-08-2024
Business

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Joyce took out a loan for $21,900 at 12 percent on March 18, 2000, which will be due on January 9, 2001. Using ordinary interest, Joyce will pay back on Jan. 9 a total amount:
A. $2,167.10
B. $24,068.10
C. $24,038.40
D. $2,138.40

Sagot :

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