Julayah7872 Julayah7872

13-03-2024
Business

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Automotive Excellence Inc. borrowed $17,000.00 on June 21 with an interest rate of 11.9% per annum. After repaying $4,700.00 on July 5 and $5,700.00 on August 10, what is the remaining outstanding loan amount?
a) $5,600.00
b) $6,600.00
c) $6,700.00
d) $8,300.00

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