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1. A company receives a 10%,90-day note for 150,000 a.What is the total interest on the note? b.what is the total amoubt paid if the
1. A company receives a 10%,90-day note for 150,000 a.What is the total interest on the note? b.what is the total amoubt paid if the conpany paid in full after 3 months? 2. Anna borrowed cash from a bank of 300,000 as initial capital for her business.The loan is payable within 3 years.The bank charge Ana 9% inyerest per annum. a .Using simple interest method conpute for the interest paid by Ana to the bank after 5 months b.What will be the loaan balance of Ana after 9 months of paying the monthly amortization
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