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Suppose the future value of a 3.25% simple interest loan is $3,826.17 at the end of 160 days. Find the present value of the loan.
Suppose the future value of a 3.25% simple interest loan is $3,826.17 at the end of 160 days. Find the present value of the loan. State your result to the nearest penny. Question Help: Video If $670 is borrowed for 230 days at 4.65% simple annual interest, how much will be repaid at the end of 230 days? Question Help: The city is issuing bonds to raise money for a building project. You obtain a $8200 bond that pays 2% interest annually that matures in 8 years. How much interest will you earn
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