Calculate the interest for the following: a. $17,000 6% 2 years b. $26,000 12% 6 months c.

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Calculate the interest for the following:

a. $17,000 6% 2 years
b. $26,000 12% 6 months
c. $12,000 13% 110 days

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College Accounting A Practical Approach Chapters 1-25

ISBN: 9780133791006

13th Edition

Authors: Jeffrey Slater

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Question Posted: Aug 15, 2023 07:33 AM

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Calculate the interest for the following: a. $17,000 6% 2 years b. $26,000 12% 6 months c.

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To calculate simple interest you can use the formula Simple Interest Principal Rate Time Where Princ...View the full answer

College Accounting A Practical Approach Chapters 1-25

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