Jasons aunt gave him a loan for $200 and asked him to repay it in 9 months

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Jason’s aunt gave him a loan for $200 and asked him to repay it in 9 months at 5 percent annual interest. How much will Jason owe his aunt 9 months from now?

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Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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