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    Business Mathematics Study Set 1
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    Exam 6: Simple Interest
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    On June 26, 2013, $1000 Was Borrowed at an Interest
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On June 26, 2013, $1000 Was Borrowed at an Interest

Question 78

Question 78

Short Answer

On June 26, 2013, $1000 was borrowed at an interest rate of 10.75%. On what date was the loan repaid if the amount of accrued interest was $63.91?

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