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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    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 115

Question 115

Essay

What rate of interest is paid if the interest on a loan of $15 000.00 is $2000.00 from January 31, 2014 to May 31, 2014?

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