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A loan of $3700 charging simple interest for 1 year and 3 months requires a repayment of $3954.38. If 1% was deducted from the interest
A loan of $3700 charging simple interest for 1 year and 3 months requires a repayment of $3954.38. If 1% was deducted
from the interest rate, what would have been the repayment amount?
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
