Solve the problem.Josh makes a $1000, 7% simple interest personal loan to his friend Sean for a period of 9 years. When Sean settles his loan at the end of the 9 years, how much money, in total, must he pay Josh? The formula for simple interest isĀ 

A. $630
B. $64,000
C. $1630
D. $1063


Answer: C

Mathematics

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