Mathematics, 22.11.2021 19:20 allieballey0727

Jefferson Bank made a loan at 7% interest for 232 days. If the amount of interest was $248.11, use the ordinary interest method to find the amount of principal (in $) borrowed. (Round your answer to the nearest dollar.)

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Jefferson Bank made a loan at 7% interest for 232 days. If the amount of interest was $248.11, use t...

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Jefferson Bank made a loan at 7% interest for 232 days. If the amount of interest was $248.11, use the ordinary interest method to find the amount of principal (in $) borrowed. (Round your answer to the nearest dollar.) ￼

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Jefferson Bank made a loan at 7% interest for 232 days. If the amount of interest was $248.11, use the ordinary interest method to find the amount of principal (in $) borrowed. (Round your answer to the nearest dollar.)