Asked by Adrian

A radio commercial for a used car company offers loans at "20 cents per day for every $400 borrowed" to purchase a car. If you borrow $2000 for 200 days, what amount will you repay? (Assume a 360 day year)
Answered by Ms. Sue
2000 / 400 = 5

5 * 2000 * (200/360) * 0.2 = $________

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