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Josh was charged $203.50 interest on his bank loan for the period August 22 to October 30 of the same year. If the annual rate
Josh was charged $203.50 interest on his bank loan for the period August 22 to October 30 of the same year. If the annual rate of interest on his loan was 8,50%, what was the outstanding principal balance on the loan during the period? For full marks your answer(s) should be rounded to the nearest cent. Click here for help computing the number of days between two dates. Outstanding principal balance = $ 0.00
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