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If you owe $1,200.00, which is the most advantageous way to pay it back assuming a 12% APR discount rate? a. $100.00 monthly payments over
If you owe $1,200.00, which is the most advantageous way to pay it back assuming a 12% APR discount rate?
a.
$100.00 monthly payments over the next twelve months
b.
$300.00 quarterly payments over the next four quarters
c.
$600.00 paid every six months over the next year
d.
$1,200.00 paid after one year
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