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If you borrow $ 18,500 at an annual interest rate of 7.5% on September 14, 2019, and pay the loan back on January 12, 2020.

If you borrow $ 18,500 at an annual interest rate of 7.5% on September 14, 2019, and pay the loan back on January 12, 2020. What are the proceeds of the loan using the bankers rule at the approximate time?

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18,956.16

18,004.83

18,045.20

17,069.79

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