Question
Eighty days after borrowing money, a person pays back exactly $850. How much was borrowed if the $850 payment includes principal and simple interest at
Eighty days after borrowing money, a person pays back exactly $850. How much was borrowed if the $850 payment includes principal and simple interest at 9.75%? (Assume 360 days in a year)
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
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