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9 March, 20:21

A college student borrows $3,000 for 9 months to pay for a semester of school. If the interest is $185 63, find the monthly payment

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  1. 9 March, 20:26
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    Total amt she has to pay = 3000 + 185.63 = $3185.63

    monthly payment = 3185.63/9 = $353.96 (2d. p)
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