Question
A loan of $1000 is to be paid back, with interest, at the end of 1 year. After 3 months, a partial payment of $300
A loan of $1000 is to be paid back, with interest, at the end of 1 year. After 3 months, a partial payment of $300 is made. Use the US Rule to determine the balance due at the end of one year, considering the partial payment. Assume a simple interest rate of 9%.
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Accodling to balance US Rudes only the Umpaid principe ...
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Conceptual Physics
Authors: Paul G. Hewitt
11th edition
321568095, 9780-032166256, 321662563, 978-0321568090
