Joe borrowed $9436.00 to buy a car. If interest was charged on the loan at 7.01 %

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Joe borrowed $9436.00 to buy a car. If interest was charged on the loan at 7.01 % p.a. How much interest would Joe have to pay in 60 days?

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Jan 22, 2021 12:36 AM

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Joe borrowed $9436.00 to buy a car. If interest was charged on the loan at 7.01 %

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Amount of loan taken 943600 Interest rate is 701 pa How much interest he is re... View the full answer

Engineering Economy

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