On March 3, 2019, Heather received a loan at 8% p.a. simple interest. She settled the loan

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On March 3, 2019, Heather received a loan at 8% p.a. simple interest. She settled the loan on December 16, 2019. If she was charged interest of $420, calculate the principal amount of the loan.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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