Question: A 3 year straight note was executed by a buyer. The interest paid over the term was $3,431.70. The annual interest rate was 9.3%. What

A 3 year straight note was executed by a buyer. The interest paid over the term was $3,431.70. The annual interest rate was 9.3%. What was the loan amount? Select one: a. $9,150 b. $36,900 c. $31,915 d. $12,300

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