An amount of $4100 is borrowed for 9 months at an annual simple interest rate of 3.0%. Find the amount due at the end of the given length of time

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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An amount of $4100 is borrowed for 9 months at an annual simple interest rate of 3.0%. Find the amount due at the end of the given length of time

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ISBN:
9781938168383
Author:
Jay Abramson
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OpenStax