Mathematics, 10.01.2022 02:30 boo2023

A bank lends a business $250000. The annual rate of interest is 8.4%. When paying back the loan, the business pays an amount of $105000
in simple interest. Calculate the number of years the business took
out the loan for.

Answers: 3

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A bank lends a business $250000. The annual rate of interest is 8.4%. When paying back the loan, t...