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A Florist Borrowed Money to Buy a Large Quantity of New

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Short Answer

A florist borrowed money to buy a large quantity of new imported floral art products to sell in her shop. If it cost her $393.60 to borrow the money for 146 days at 12% exact simple interest (365-day year), what was the amount borrowed?


Definitions:

Lens

An optical device capable of converging or diverging light, or a transparent structure in the eye which focuses light onto the retina to facilitate vision.

Chemoreceptor

Sensory receptor that is sensitive to chemical stimulation—for example, receptors for taste and smell.

Thermoreceptor

Sensory receptor that detects heat.

Mechanoreceptor

Sensory receptor that responds to mechanical stimuli, such as pressure, sound waves, or gravity.

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