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24 April, 16:35

Ron Tagney owns his own truck. His June interest is $210. The current rate of interest is 11%. Assuming a 360 day year, what was Ron's principal balance at the beginning of June?

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  1. 24 April, 16:45
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    I wonder if this is not a trick question. It says he owns his own truck. That would mean no payment. Plus there doesn't seem to be enough info. Like how long has he had the loan? Just a thought maybe it's $0
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