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August 22, 2014

Homework Help: math

Posted by tammy on Friday, July 6, 2012 at 7:39pm.

Suppose you borrow $4200 at an annual simple interest rate of 10.5% for a term of 18 months. How much simple interest will you owe? What is the total amount you will have to repay (maturity value)? i am not good at this one working on my problem

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