A borrower uses an income tax refund to make a partial payment on a personal
simple-interest loan. Which rules or methods can be used to compute the new balance?

Name: A borrower uses an income tax refund to make a partial payment on a personal simple-interest loan. Which rules or methods can be used to compute the new balance?
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The Answer of A borrower uses an income tax refund to make a partial payment on a personal
simple-interest loan. Which rules or methods can be used to compute the new balance?

A Borrower Uses an Income Tax Refund to Make a Partial