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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
  5. Question
    What Rate of Interest Is Paid If the Interest on a Loan
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What Rate of Interest Is Paid If the Interest on a Loan

Question 3

Question 3

Essay

What rate of interest is paid if the interest on a loan of $3500.00 is $99.06 from November 14, 2013 to May 20, 2014?

Correct Answer:

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