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Pace Co.borrowed $20,000 at a rate of 7.25%,simple interest,with interest paid at the end of each month.The bank uses a 360-day year.How much interest would Pace have to pay in a 30-day month?
Federal Law
Laws passed by the national government's legislative body that apply uniformly across the country.
Federal Agencies
Government entities established by the federal government to perform specific functions, duties, or services in the public interest.
Volatile Organic Compounds
Chemicals that easily vaporize at room temperature and may cause health effects, often found in paint, solvents, and other industrial materials.
Nitrogen Oxides
Gaseous pollutants formed primarily from the combustion of fossil fuels, consisting of nitrogen and oxygen; known for contributing to acid rain and air pollution.
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