On August 26, 2021, Courtneys parents borrowed $4300 from a secured line of credit at their bank
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On August 26, 2021, Courtney’s parents borrowed $4300 from a secured line of credit at their bank in order to pay Courtney’s fall tuition, with interest at 438 % p.a. On what date did Courtney’s parents repay the line of credit if they ended up paying $4368.55?
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We are given that the amount borrowed ie the principal denoted by P is 4300 We are given the amount ...View the full answer
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Related Book For 
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
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