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22 October, 09:44

Leroy borrowed $1500 at an annual simple interest rate of 12%. He paid $270 in interest. For what time period did Leroy borrow the money?

A) 8 years

B) 18 months

C) 5 years

D) 18 years

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Answers (1)
  1. 22 October, 11:54
    0
    C. 5 years
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