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Business, 21.04.2020 00:00 sabrinarasull1pe6s61

Leh Inc. recently borrowed $275,000 from its bank at a simple interest rate of 9 percent. The loan is for nine months and, according to the loan agreement, the interest should be added to the amount borrowed and the total amount to be repaid in monthly installments. Each monthly payment toward the loan amounts to:

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Leh Inc. recently borrowed $275,000 from its bank at a simple interest rate of 9 percent. The loan i...

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