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Class 8 Math MCQs – Certification Test 129

Math Applications Trivia (Question 129) – App & e-Book Download

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MCQ 129: To buy a home, Nelda borrowed $250,000 for 5 years and paid $60,000 simple interest on loan. The rate of interest he paid is:

  1. 8.40%
  2. 6.80%
  3. 5.60%
  4. 4.80%
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Math Applications Trivia App & e-Book – Class 8 Math Learning Guide

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