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6 H 9 A $6,382.11 loan was charged a simple interest rate of 3.00%. The loan accrued interest of $120.00. How many years ago
6 H 9 A $6,382.11 loan was charged a simple interest rate of 3.00%. The loan accrued interest of $120.00. How many years ago was the loan made? (Hint: Also try to think about the number of weeks/days/month ago that the loan was made. I'll answer that in the feedback video.)
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
