Tristan and Bella borrowed $1,700 to buy a dog at 7.5% interest on March 10. They plan to repay the loan on August 15. How much will the repayment be? Use a 365-day year. (Round to the nearest cent.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Tristan and Bella borrowed $1,700 to buy a dog at 7.5% interest on March 10. They plan to repay the loan on August 15.    How much will the repayment be?  Use a 365-day year.  (Round to the nearest cent.)

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