Bill borrows 2400 from cosa nostra loans who charge 47


Bill borrows $2400 from Cosa Nostra Loans, who charge 4.7% simple annual interest . If he borrows the money on March 11, how much does he owe on August 11 of the same year? Note: Use the exact method to determine the number of days.

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Financial Management: Bill borrows 2400 from cosa nostra loans who charge 47
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