On November 23, 2019, Maya paid her uncle $868.75 in interest for a loan that he had

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On November 23, 2019, Maya paid her uncle $868.75 in interest for a loan that he had given her on June 12, 2019. Calculate the amount she borrowed from him if he charged her interest of 12% p.a. simple interest.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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