Calculate simple interest on a base of ($ 6,000) for the following intervals and rates, using a

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Calculate simple interest on a base of \(\$ 6,000\) for the following intervals and rates, using a 360-day year.

a 60 days at 12 percent b 60 days at 8 percent.

c 90 days at 9 percent.

d 60 days at 16 percent e 15 days at 16 percent


f 6 months at 9 percent.
g 5 months, 15 days at 12 percent.
h 4 months, 12 days at 9 percent.

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Financial Accounting An Introduction To Concepts Methods And Uses

ISBN: 9780030452963

2nd Edition

Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney

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