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Joyce took out a loan for $21,900 at 12 percent on March 18, 2007, which will be due on January 9, 2008. Using ordinary interest, Joyce will pay back on Jan. 9 a total amount:
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Asked 4/7/2012 6:49:31 PM
Updated 3/9/2014 12:17:04 AM
1 Answer/Comment
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Flagged by jeifunk [3/9/2014 12:17:04 AM]
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User: Joyce took out a loan for $21,900 at 12 percent on March 18, 2007, which will be due on January 9, 2008. Using ordinary interest, Joyce will pay back on Jan. 9 a total amount:

Weegy: 21,900 x 0.12 x 297/365 = 2138.4. Add that to $21,900.00= 24 038.4. Answer is Joyce will pay back 24 038.4
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Question
Asked 4/7/2012 6:49:31 PM
Updated 3/9/2014 12:17:04 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [3/9/2014 12:17:04 AM]
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Using ordinary interest, Joyce will pay back on Jan. 9 a total amount: $24,068.10

Added 3/9/2014 12:17:04 AM
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