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A Moving to the next question prevents changes to this answer. Question 3 How much interest is charged when Principle 1,000 is borrowed for 2

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A Moving to the next question prevents changes to this answer. Question 3 How much interest is charged when Principle 1,000 is borrowed for 2 years with an interest rate of 3%? Solution P = 1,000 = 0.03 t = 2 years A. 60 B. 600 C.650 D. 7500 Moving to the next question prevents changes to this answer. esc no 000 DOO ! # 1 2 3 4 5

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