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39 votes
Find the simple interest due on a 270-day loan of $20,000 at an interest rate of 8.875%

User Carter Cobb
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1 Answer

8 votes
8 votes

Answer:

first you need to take way 20,000-88.75 =19,911.25 now you need to multiple 19,911.25×270=3,982345.go and see for your self

User Janusz Chudzynski
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