Problem 1. Susan borrows $400 for 11 months at 11 % per annum simple interest. What is the amount due? Amount = $

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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Problem 1.
Susan borrows $400 for 11 months at
11 - % per annum simple interest. What is the
8
amount due?
Amount = $
%3D
Transcribed Image Text:Problem 1. Susan borrows $400 for 11 months at 11 - % per annum simple interest. What is the 8 amount due? Amount = $ %3D
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