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Business, 03.07.2019 15:40 kamarionnatillman13

Question 2 (multiple choice) brad clark took out a simple interest loan at 13% interest for 12 months. his previous balance is $619. what is the final payment if the loan is paid off with the next payment? (hint: first find the monthly interest rate and multiply it by the previous balance. this gives you the final interest charge. then, add the interest to the remaining balance.) a. $625.71 b. $621.00 c. $675.09

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