A man used as a loan program for a small business to obtain a loan to help expand his vending machine business the man borrow 28,000 for four years with a simple interest rate of 1.7 determine the amount of money the man must repay after four years

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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A man used as a loan program for a small business to obtain a loan to help expand his vending machine business the man borrow 28,000 for four years with a simple interest rate of 1.7 determine the amount of money the man must repay after four years

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