Question
Bill took out a loan for$4000and was charged simple interest at an annual rate of 7.5%. The total interest he paid on the loan was$180.
Bill took out a loan for$4000and was charged simple interest at an annual rate of 7.5%. The total interest he paid on the loan was$180.
How long was the loan for, in days? Assume that there are365days in a year
do not round any intermediate computations.
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Elementary Algebra
Authors: Tom Carson, Bill E Jordan
4th Edition
0321916042, 9780321916044
