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Charlie is receiving $15 every month for some money he loaned to a friend. If the loan lasts 1 year and has an 9% interest
Charlie is receiving $15 every month for some money he loaned to a friend. If the loan lasts 1 year and has an 9% interest rate, how much was the original loan amount?
Group of answer choices
$187.61
$1,548.62
$13.76
$171.52
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