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wberry8 wberry8
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5 months ago

Elora borrowed $5,000 on April 19 from Reliance Bank at a rate of 6.75%. Elora must repay the loan on December 16 of the same year. Assuming the loan is based on exact interest, what is the total interest cost?

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Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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nancy123nancy123
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wberry8 Author
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Good timing, thanks!
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