ABCKK3333 ABCKK3333

23-06-2020
Mathematics

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A loan of $500 is to be paid with two payments of $300, one in 3 months, and another in 6 months. The compound interest charged per-annum on the loan is:

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SoonToBeKing10 SoonToBeKing10

23-06-2020

the anual interest would be $200

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mbrowning106 mbrowning106

23-06-2020

Answer:

100.00

Step-by-step explanation:

50.00 per payment

Answer Link

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