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Richard Davis, Owns a Butcher and Grilling Supply Store

Question 43

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Richard Davis, owns a butcher and grilling supply store. Richard borrows $7,500 for 150 days at 8% ordinary simple interest. What total will Richard need to repay for both interest and principal? (Use a 360-day year.)​

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$7,500 × 0.08 × 150/...

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