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Mathematics, 13.08.2020 01:01 burgoonp

Henry takes out a $650 discounted loan with a simple interest rate of 12% for a period of 7 months. How much money does Henry receive into his bank account when the loan is drawn down? Give your answer to the nearest cent.

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Henry takes out a $650 discounted loan with a simple interest rate of 12% for a period of 7 months....
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