George finds a company that charges 59$ per day for each $1,000 borrowed. If he borrows $3,000

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George finds a company that charges 59$ per day for each $1,000 borrowed. If he borrows $3,000 for 60 days, what amount will he repay, and what annual interest rate will he pay the company?

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Question Posted: Apr 14, 2016 07:30 AM

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George finds a company that charges 59$ per day for each $1,000 borrowed. If he borrows $3,000

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P 3000 The amount of interest paid is I 059...View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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