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    Finite Mathematics and Applied Calculus
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    Exam 3: The Mathematics of Finance
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    The Simple Interest on a $19,000 Loan, at 11% Per
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The Simple Interest on a $19,000 Loan, at 11% Per

Question 18

Question 18

Short Answer

The simple interest on a $19,000 loan, at 11% per year, amounted to $8,930. When did the loan mature (Round your answer to the nearest whole month.)

t = __________ months

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