Josh borrowed $250 from his mother to buy an electric scooter. Josh wi – McqOptions

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1.	Josh borrowed $250 from his mother to buy an electric scooter. Josh will pay her back in 1 year with 3% simple annual interest. How much interest will Josh pay?
A.	7.5
B.	8.5
C.	9.5
D.	10.5
Answer» B. 8.5

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