Elsiesantianezidn
Answered

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sample problem about ordinary and exact interest

Sagot :

Jeremiaidn
I don't know what this question mean, but if it asks about problems involving interests. This is an example: 

1.) Mr. Sioco paid $249,750 corresponding to the principal and interest of his one year loan. What was the interest rate applied to this if the original amount he borrowed was $225,000? 
(Warning; This sample problem was taken from a question from Frankgamala 18 hours ago.)
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