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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 170
Solve each of the following application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.
AUTO REPAIR Lane Engineering needs $120,000 to install computers and a new network. The simple discount note has a 9.5% rate and matures in 80 days. Find the face value of the loan needed.
AUTO REPAIR Lane Engineering needs $120,000 to install computers and a new network. The simple discount note has a 9.5% rate and matures in 80 days. Find the face value of the loan needed.
Explanation
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The following information is given, 
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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