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Mathematics, 09.12.2021 06:40 hiene

1. Tom took out a simple interest loan of $11,500 at 10 percent interest for 18 months. After 14 payments the balance is $3,100. He pays off the loan when the next payment is due. What is the interest?

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1. Tom took out a simple interest loan of $11,500 at 10 percent interest for 18 months. After 14 pay...
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