Jayden obtained a loan of $3500 from a bank at a simple interest rate of 2.45% p.m.
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Jayden obtained a loan of $3500 from a bank at a simple interest rate of 2.45% p.m. How long, in months and days, will it take him to repay the loan if the maturity value is $3875?
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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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