Bruce Borrowed $6,000 from Darryl on November 23

question 238

Short Answer

Bruce borrowed $6,000 from Darryl on November 23. When Bruce repaid the loan, Darryl charged $203.22 interest. If the rate of simple interest on the loan was 10.75%, on what date did Bruce repay the loan? Assume that February has 28 days.

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Definitions:

Learning Delays

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