Find the total amount that must be repaid on the notes described in Problems 31-32. ($ 1,500)
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Find the total amount that must be repaid on the notes described in Problems 31-32.
\(\$ 1,500\) borrowed at \(21 \%\) simple interest. What is the total amount to be repaid 55 days later?
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To answer the question we need to calculate the simple interest I on the loan and then add ...View the full answer
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