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9 May, 21:31

Problem

Each month, part of Don's payment is used to repay one

month's interest. The rest of the payment reduces the

amount owed on the loan. How much will Don still owe

on his $300 loan after the first payment of $52.36?

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Answers (1)
  1. 9 May, 21:48
    0
    don't look at me I don't know the answer sorry ...
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