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5 January, 06:49

A $7,260 loan was repaid at the end of 8 months. what size repayment check was written if a 8% annual rate of interest was charged?

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  1. 5 January, 07:36
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    I got 907.50 by dividing 7260 by 8 or another answer would be by dividing your current answer by 8 giving you 100.9604
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