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A loan of $ 2 3 , 7 3 9 was repaid at the end of 7 months. What size repayment check ( principal and

A loan of $

23, 739

was repaid at the end of

7

months. What size repayment check

(

principal and

interest

)

was

written, if a

9.4 %

annual rate of interest was

charged?

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