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Class 8 Math MCQs – Certification Test 206

Math Applications MCQs (Question 206) – App & e-Book Download

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MCQ 206: Michael wants to borrow some money for 48 months at 11% interest per year and pay $1950 in interest charges for his business expansion. The amount he could borrow is:

  1. $4,432
  2. $5,432
  3. $6,532
  4. $6,832
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