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How much interest will you pay on a loan of $12,000 if you are paying the loan off in 9 months and your loan rate

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How much interest will you pay on a loan of $12,000 if you are paying the loan off in 9 months and your loan rate is 6 percent? (Round to the nearest dollar.) A. $820 B. $540 C. $180 D. $360

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