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    Mathematics
  3. Study Set
    Contemporary Mathematics
  4. Exam
    Exam 10: Simple Interest and Promissory Notes
  5. Question
    What Is the Time Period of a Loan for $7,500
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What Is the Time Period of a Loan for $7,500

Question 27

Question 27

Short Answer

What is the time period of a loan for $7,500, at 6% exact interest, if the amount of interest is $98.63? (Round fraction to next higher day)

Correct Answer:

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