luperciojacob luperciojacob

14-02-2018
Mathematics

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A bank loaned Peggy $3,000 at 13.5% ordinary interest for 90 days. Find the amount of interest she owed on the loan.

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THEINVISIBLEWAFFLE THEINVISIBLEWAFFLE

14-02-2018

I think it's $405 because that's the product of the decimal form of 13.5% (.135) and the amount loaned (3,000).

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