A loan of $6500 at 4.5% p.a. simple interest was settled by paying $6865.60. What was the

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A loan of $6500 at 4.5% p.a. simple interest was settled by paying $6865.60. What was the term of the loan in years and months?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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