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April 20, 2014

Homework Help: Business Math

Posted by Ekanki on Monday, April 23, 2012 at 8:16pm.

Margie Pagano is buying a car. Her June monthly interest at 12.5% was $201. What was Margie’s principal balance at the beginning of June? (Use 360 days a year. Do not round intermediate calculations. Do not round the denominator before dividing. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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