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March 30, 2015

Homework Help: Business Maths

Posted by Ekanki on Monday, April 23, 2012 at 9:31pm.

Joy Kirby made a $320 loan to Robinson Landscaping at 11%. Robinson paid back the loan with interest of $7.04.

How long in days was the loan outstanding (assume 360 days)? (Round your answer to the nearest whole number.)

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