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2. Tom Davis owes $7850 to a relative. He has agreed to repay the money in 5 months. al an interest rate of 6%. One

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2. Tom Davis owes $7850 to a relative. He has agreed to repay the money in 5 months. al an interest rate of 6%. One month before the loan is due, the relative discounts the loan at the bank. The bank charges a 7.92% discount rate. How much money does the relative receive? 19.41

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