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nethramirez nethramirez
  • 29-01-2017
  • Mathematics
Answered

A $7,260 loan was repaid at the end of 8 months. what size repayment check was written if a 8% annual rate of interest was charged?

Verified Answer :

Anonymous Anonymous
  • 29-01-2017

I got 907.50 by dividing 7260 by 8 or another answer would be by dividing your current answer by 8 giving you 100.9604

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