[Solved] Rebecca took a demand loan of $4000 for u

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Rebecca took a demand loan of $4000 for university supplies on September 1st at a rate of 5%. She repaid $1500 on October 1st.What is

Rebecca took a demand loan of $4000 for university supplies on September 1st at a rate of 5%. She repaid $1500 on October 1st.What is the outstanding balance on November 1st?Answer to the nearest cent.(5 marks)

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