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What Is the Time Period of a Loan for $2,500

question 147

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What is the time period of a loan for $2,500, at 12% exact interest, if the amount of interest is $118.36? (Round to next higher day)


Definitions:

Spectrum Disorders

A range of conditions that vary in severity but are categorized under a single disorder, emphasizing the variability and complexity of symptoms among individuals.

Anxiety Disorders

A category of mental disorders defined by severe anxiety and fear.

Intellectual Disability

A developmental disorder characterized by significant limitations in both intellectual functioning and adaptive behavior, which covers many everyday social and practical skills.

Elimination Disorders

Psychiatric conditions typically diagnosed in childhood, involving problems with the control of urination or defecation that are not due to medical conditions.

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