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If you borrowed $1,500 for a 5 year period, with a simple interest rate of 10% per annum, the total interest to be paid would
If you borrowed $1,500 for a 5 year period, with a simple interest rate of 10% per annum, the total interest to be paid would be
Multiple Choice
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$1,250
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None of the other alternatives are correct
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$1,500
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$750
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$1,000
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