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A person wants to borrow $25,000 at 3% interest for 15 years. Which of the...

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A person wants to borrow $25,000 at 3% interest for 15 years. Which of the following would be the equation to determine the FINANCE CHARGE of the loan? A. $25,000 = FCx.03 x 15 B. .03 = FC x $25,000 x 15 C. FC = $25,000x.03 x 15 D. 25 = FCx.03 x $15,000

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