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The percent of principal paid as interest each year is the annual:

APercentage range
BPercentage record
CPercentage rate
DPercentage ratio
Answer & Solution
Correct answer: C. Percentage rate
1. It applies for each year the money is borrowed. 2. The larger the sum, the more must be repaid. 3. It is the annual percentage rate. _Source: OpenStax, Contemporary Mathematics, Ch 6 'Money Management'_
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