Compound interest
Joel borrowed $3208.5 on November 2, 2021, at 3.6% p.a. How many days would it take for him to repay the loan if he made a payment of $ 3,720.34?
Round up to the nearest day.
Round up to the nearest day.
Correct answer:
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You need to know the following knowledge to solve this word math problem:
- algebra
- exponential equation
- arithmetic
- exponentiation
- basic functions
- percentages
- logarithm
- exponential function
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