8. Determining Interest Cost Using the Simple Interest Formula. What are the interest cost and the total

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8. Determining Interest Cost Using the Simple Interest Formula. What are the interest cost and the total amount due on a six-month loan of $1,500 at 13.2 percent simple annual interest? (Obj. 2)

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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