Essay
Mr. and Mrs. Jacobson borrowed $5,000 at an ordinary simple interest rate of 11% for 180 days. If they took the loan out on October 16, what is the due date? Assume a nonleap year.
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April 14; 15 more days in Octo...View Answer
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Correct Answer:
Verified
April 14; 15 more days in Octo...
View Answer
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