Solve the problem.Cory and Topanga borrowed $6,500 at 8.25% for a hot tub. They paid a total of $9181.25 when the loan was paid off. How long did it take Cory and Topanga to pay back the loan? Round to the nearest year.
A. 6 years
B. 7 years
C. 5 years
D. 4 years
Answer: C
Mathematics
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