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Source: GMAT Prep
Lynn lent Robert $10,000 at 6 percent simple annual interest to be repaid at the end of 3 years. What was the total amount that Robert had to pay to Lynn?
A. $10,180
B. $10,190
C. $10,600
D. $11,800
E. $11,910
The OA is D
Lynn lent Robert $10,000 at 6 percent simple annual interest to be repaid at the end of 3 years. What was the total amount that Robert had to pay to Lynn?
A. $10,180
B. $10,190
C. $10,600
D. $11,800
E. $11,910
The OA is D
