Wayne was late in making a $3,500 payment to Dora. If Dora accepted a payment of $3,801.75 and charged 5.59% compounded semi-annually, how late was the payment?
Wayne was late in making a $3,500 payment to Dora. If Dora accepted a payment of $3,801.75 and charged 5.59% compounded semi-annually, how late was the payment?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Wayne was late in making a $3,500 payment to Dora. If Dora accepted a payment of $3,801.75 and charged 5.59% compounded semi-annually, how late was the payment? |
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