Carlos loaned $5000 on December 18, 2017 to his business partner who agreed to repay the amount
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Carlos loaned $5000 on December 18, 2017 to his business partner who agreed to repay the amount with simple interest on March 01, 2018. How much would Carlos receive at the end of the period if he charged his business partner an interest rate of 3.2% p.a.? How much of this amount is the interest?
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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