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Home Q & A Board Science-Related Homework Help Mathematics
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rsteel rsteel
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A year ago
The simple interest rate on a $5000 loan is 7%. The loan is to be repaid by four equal payments on dates 100, 150, 200, and 250 days from the date on which the loan was advanced. What is the amount of each payment?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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twogat123twogat123
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A year ago
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rsteel Author
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A year ago
Correct Slight Smile TY
gage
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Helped a lot
Natalie Price
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2 hours ago
Thanks for your help!!
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