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3 years ago

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PLEASE HELP 75 POINTS: What is the length of time a loan will last if it has a rate of 0.02, a principal of $500, and it accrued

$60 of interest if Interest = Principal * Rate * Time. How would you reduce the time of the loan?

1 answer:

AlladinOne [14]3 years ago

4 0

To reduce the time, the rate should be increased or the interest should be decreased

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