Joan lent 47331 € to Thomas and charged 468.4 € interest for the loan. The interest rate was 1.85 % (p.a.). How long was the loan period in calendar days?
Sum lent by Joan = 47331 €, Interest = 468.4 € , rate of interest = 1.85 % (p.a.)
Simple interest = (Sum lent * rate of interest * time)/100
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