Mathematics, 19.04.2020 00:38, Zgt

Brian takes out a $1,600 discounted loan calculated using a simple interest rate of 12% for a period of 15 months. How much money does Brian receive from the bank when the loan is drawn down? Give your answer in dollars to the nearest dollar. Do not include the dollar symbol or commas in your answer.

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Brian takes out a $1,600 discounted loan calculated using a simple interest rate of 12% for a period...