The interest paid on an 11-month loan at 10% was $328.85. What was the principal amount of the ...

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The interest paid on an 11-month loan at 10% was $328.85. What was the principal amount of the ...

The interest paid on an 11-month loan at 10¼% was $328.85. What was the principal amount of the original loan?

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Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

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