Margaret received $671.50 in cash as the proceeds from a loan. She paid the lender back $680.

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Margaret received $671.50 in cash as the proceeds from a loan. She paid the lender back $680. The rate was 10% simple interest. Find the length of the loan in months.

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Statistics The Exploration & Analysis of Data

ISBN: 978-1133164135

7th edition

Authors: Roxy Peck, Jay L. Devore

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Posted Date: Jan 23, 2021 09:01 PM

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Margaret received $671.50 in cash as the proceeds from a loan. She paid the lender back $680.

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principal amount 67150 Amount paid 680 i... View the full answer

Statistics The Exploration & Analysis of Data

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