Lenny was charged an interest of $850 for a loan amount of $21,000 that he borrowed for
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Lenny was charged an interest of $850 for a loan amount of $21,000 that he borrowed for 120 days. What monthly rate of simple interest was charged?
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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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