if the proceeds on a 14 day simple discount loan is 3846 and the weekly simple discount rate is

Name: if the proceeds on a 14 day simple discount loan is 3846 and the weekly simple discount rate is 2 how much was returned round your answer to the nearest dollar 72488
Uploaded: 2023-05-09T00:33:57-08:00
Duration: 1 min 42 s
Channel: Numerade
Description: if the proceeds on a 14 day simple discount loan is 3846 and the weekly simple discount rate is 2 how much was returned round your answer to the nearest dollar 72488

Question

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Question

If the proceeds on a 14-day simple discount loan is $3,846 and the weekly simple discount rate is 2%, how much was returned? Round your answer to the nearest dollar.

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