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Mathematics, 18.04.2020 18:48 nathanstern21

Ruth Brown wants to borrow $2,600 for 90 days to pay her real 'estate tax. State Savings and Loan charges 7.25% ordinary interest while Security Bank charges 7.5% exact interest. A. What is the maturity value of each loan? B. Where should they borrow the money?

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Ruth Brown wants to borrow $2,600 for 90 days to pay her real 'estate tax. State Savings and Loan ch...
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