Dilacey takes out a loan from the bank that charges a 10% interest rate. After 18 months,
she accrues $420 in simple interest. How much was the loan that Dilacey took out?

Question

02-01-2021
Mathematics

Answered

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Dilacey takes out a loan from the bank that charges a 10% interest rate. After 18 months,
she accrues $420 in simple interest. How much was the loan that Dilacey took out?

Sagot :

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