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Find the repayment amount if pays exact interest

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Robin borrowed $1,460.00 on 1/16/2021. She agreed to pay interest at 9% and to repay the loan 100 days later.

Problem a. Determine the due date (repayment date)

Problem b. Find the repayment amount if she pays exact interest.

Problem c. If she pays ordinary interest, how much will she pay?

Reference no: EM132841068

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