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Your brother, a banker, has just approved a loan for you, an add-on interest loan. You will borrow $2,000 for one year with a 12%
Your brother, a banker, has just approved a loan for you, an add-on interest loan. You will borrow $2,000 for one year with a 12% annual interest rate. What is your monthly payment? OA. $166.67 OB. $186.67 OC. $240.00 OD. $256.78 OE. None of the above --- 
Your brother, a banker, has just approved a loan for you, an add - on interest loan. You will borrow $2,000 for one year with a 12% annual interest rate. What is your monthly payment? A. $166.67 B. $186.67 C. $240.00 D. $256.78 E. None of the above
Your brother, a banker, has just approved a loan for you, an add-on interest loan. You will borrow $2,000 for one year with a 12% annual interest rate. What is your monthly payment? OA. $166.67 OB. $186.67 OC. $240.00 OD. $256.78 OE. None of the above ---
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