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becky28 becky28
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A year ago
Nelda Brown borrowed $1,420 for 120 days to buy some new furniture for her office. At the due date Nelda repaid a total of $1,448. What was the exact simple interest rate (365-day year) that she paid on the loan? (to nearest 1/10 of a percent)
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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armywahinearmywahine
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A year ago
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