If Rachel earned $20 as interest by lending a certain amount at 2% p.m. to her friend
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If Rachel earned $20 as interest by lending a certain amount at 2% p.m. to her friend for 3 months, calculate the amount she lent to her friend and the amount she received from her friend at the end of the loan period.
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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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