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Business, 18.02.2020 17:50 cortneykeeler

Travis obtained a $1,000 loan to be paid back at the end of one year. The lender quoted him an 11 percent rate of interest and said the finance charges would be figured according to the discount method. Which of the following statements is correct regarding this loan?

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Travis obtained a $1,000 loan to be paid back at the end of one year. The lender quoted him an 11 pe...
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