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# # - 19 points HarMathAp 126 1 0 07 If you borrow \$700 for 6 months s at 49% annual simple Interest , how much must you repay at the end of the 6

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# - 19 points HarMathAp 126 1 0 07
If you borrow \$700 for 6 months
s at 49% annual simple Interest , how much must you repay at the end of the 6 months ?
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- 18 points HarMathAp 126 1013
( a ) To buy a Treasury bill ( T - bill ) that matures to \$10 , 000 In 6 months , you must pay \$9800 . What annual simple Interest rate does the
e does this earn ? ( Round your answer to one decimal place . )
( D ) If the bank charges a fee of \$90 to b
My a T - bill , what is the actual interest rate you ea
you earn ? ( Round your answer to one decimal place . )
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3)So the total amount paid back =... View the full answer

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