A business borrowed $3,500 for new office furniture. The terms were 6% simple interest per year. If
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A business borrowed $3,500 for new office furniture. The terms were 6% simple interest per year. If the business paid $525 interest, what was the duration of the loan?
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
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