joselynaldas joselynaldas

11-05-2017
Mathematics

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jeri got a loan at 6% simple interest for 2 years. she paid back a total of 2,240 . how much was the loan

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Aliwohaish12 Aliwohaish12

11-05-2017

P=A/(1+rt)
P=2,240÷(1+0.06×2)
P=2,000

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