Cassady, Inc. borrowed $25,000 for 3 months at an APR of 10%. The amount of interest paid

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Cassady, Inc. borrowed $25,000 for 3 months at an APR of 10%. The amount of interest paid on this loan was:
a) $1,200
b) $600
c) $625
d) $2.500

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Question Posted: Mar 22, 2018 09:27 AM

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Cassady, Inc. borrowed $25,000 for 3 months at an APR of 10%. The amount of interest paid

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Personal Finance

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