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Indira Paid Interest Charges of $169

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Indira paid interest charges of $169.05 on a $4830 invoice that was two months overdue. What monthly rate of simple interest was she charged?


Definitions:

Population Size

The total number of individuals within a defined area at the same time, influencing genetic diversity and a population's ability to survive environmental pressures.

Natality

The rate at which births occur in a population, measured as the number of births per unit of time, typically per year.

Mortality

The rate at which individuals die; the average per capita death rate.

Emigration

The movement of individuals out of a population. Compare with immigration.

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