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OpenStudy (anonymous):
Tim Newman took out a simple interest loan of $1500 at a 10 percent interest for 12 months. After 4 payments, the balance is $1100. He pays off the loan when the next payment is due. What is the interest?
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OpenStudy (anonymous):
Is it $9.17
OpenStudy (anonymous):
Give me a sec...
OpenStudy (anonymous):
Is there any choices?
OpenStudy (anonymous):
Hi, there aren't any choices provided. Sorry ;/
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