SOLUTION: Your total payment on a 2-year loan, which charged 5.5% simple interest, amounted to $40,560. How much did you originally borrow?(Round your answer to the nearest cent.)
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Question 1055613: Your total payment on a 2-year loan, which charged 5.5% simple interest, amounted to $40,560. How much did you originally borrow?(Round your answer to the nearest cent.) Answer by Fombitz(32388) (Show Source):
