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Georgia agrees to lend money to Matt at a special interest rate of 8.5% per year, on the condition ...

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elizabeth18:
Georgia agrees to lend money to Matt at a special interest rate of 8.5% per year, on the condition that he borrow enough that he would pay her $601 in interest over a 8 month period. What was the minimum amount Matt could borrow?
◦ $10,517.50
◦ $9427.45
◦ $12,121.01
◦ $10,605.88

pallen55:
$10,605.88

Chris Zuniga:
Thank You

badatmath01:
Thank you

Brooke Mckenney:
Thank you!!

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