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Mathematics, 29.04.2021 23:20 DondreeColeman

Zoe takes out a discounted loan for $1,200 at a simple interest rate of 6%, but only receives $1.020 into her bank account. What is the duration of the loan?

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Zoe takes out a discounted loan for $1,200 at a simple interest rate of 6%, but only receives $1.020...
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