If You Borrow $100 000 for 90 Days with Simple

question 15

Multiple Choice

If you borrow $100 000 for 90 days with simple interest of 6.2% per annum,what is the total amount of interest paid on the loan?

• A) $1528.77
• B) $6200.00
• C) $620.00
• D) $15 287.67

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Mobile phones that offer advanced features beyond making calls and sending text messages, including internet access, apps, and multimedia capabilities.