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Solve for Y. -Levi Borrowed $5007 at 6% Simple Interest for 5 Months

Question 472

Multiple Choice

Solve for y.
-Levi borrowed $5007 at 6% simple interest for 5 months. How much will the interest amount to? What is the total amount that Levi will have to pay back at the end of 5 months? Round answers to
The nearest cent if necessary.


A) $126.23; $5133.23
B) $125.18; $5132.18
C) $150.21; $5157.21
D) $100.14; $5107.14

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