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Abeje's loan was for what principal?
A$60,000
B$20,000
C$12,000
D$10,000
Answer & Solution
Correct answer: B. $20,000
1. She needed equipment for a gym.
2. The bank gave her a four month loan.
3. The principal was $20,000.
_Source: OpenStax, Contemporary Mathematics, Ch 6 'Money Management'_
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