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Gabrielle received a loan at 6 % p . a . simple interest for 8 months. If he was charged an interest of $ 2

Gabrielle received a loan at $6 %$ p $.$ a $.$ simple interest for $8$ months. If he was charged an interest of $ $272.00$ at the end of the period, what was the principal amount of the loan?

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Gabrielle received a loan at 6 % p . a . simple interest for 8 months. If he was charged an interest of $ 2

Gabrielle received a loan at 6% p.a. simple interest for 8 months. If he was charged an interest of $272.00 at the end of the period, what was the principal amount of the loan?

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Risk Management And Insurance

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Gabrielle received a loan at $6 %$ p $.$ a $.$ simple interest for $8$ months. If he was charged an interest of $ $272.00$ at the end of the period, what was the principal amount of the loan?