Multiple Choice Question
Calculate the total payback for a $2,500 loan at 10% annual interest for two years.
A.
$1,021.80
B.
$2,043.60
C.
$1,384.80
D.
$2,769.60
Calculate the total payback for a $2,500 loan at 10% annual interest for two years.
A.
$1,021.80
B.
$2,043.60
C.
$1,384.80
D.
$2,769.60