Business
Business, 31.05.2021 16:20, Bangggggg6

Mary Kramer plans to borrow $1780. She has decided on a term of 280 days at 7% simple interest. She has a choice of two lenders. One calculates interest using a 360-day year and the other uses a 365-day year. Find the amount of interest Kramer will save by using the lender with the 365-day year

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Mary Kramer plans to borrow $1780. She has decided on a term of 280 days at 7% simple interest. She...

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