Loan payments of $1,900 due 95 days ago and $4,350 due today are scheduled to be repaid
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days and the balance in 126 days. If money earns 6% p.a. simple interest, what is the size of the final payment?
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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