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Mathematics, 26.05.2020 07:57 sergiom6185

Brian takes out a $1,600 discounted loan calculated using a simple interest rate of 12% for a period of 15 months. How much money does Brian receive from the bank when the loan is drawn down? Give your answer in dollars to the nearest dollar.

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Brian takes out a $1,600 discounted loan calculated using a simple interest rate of 12% for a period...
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