A $3000 loan at 5% was made on March 1. Two payments of $1000 each were made

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A $3000 loan at 5% was made on March 1. Two payments of $1000 each were made on May 1 and June 1. What payment on July 1 will pay off the loan?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 16, 2020 03:58 AM

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A $3000 loan at 5% was made on March 1. Two payments of $1000 each were made

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Fundamentals Of Business Mathematics In Canada

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