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Accounting help ASU Home My ASU 0/0.5 pts Colleges & Schools Incorrect Question 10 On March 1st, your company loans a customer $50,000 with an
Accounting help
ASU Home My ASU 0/0.5 pts Colleges & Schools Incorrect Question 10 On March 1st, your company loans a customer $50,000 with an annual interest rate of 9%. The loan matures in 3 months. What is the principal amount of the loan? [ans1] Do not include a dollar sign or decimals. 54500 Incorrect 0/0.5 pts Question 11 On March 1st, your company loans a customer $50,000 with an annual interest rate of 9%. The loan matures in 3 months. What is the monthly interest revenue? $[ans1] Do not include decimals or dollar sign. Colleges & Scho My ASU Incorrect 0460 51991 Question 12 On March 1st, your company loans a customer $50,000 with an annual interest rate of 9%. The loan matures in 3 months. How much total interest revenue does the company earn over the 3 months? $[ans1] Do not include decimals or a dollar sign. 11250 Incorrect 0/0.5 pts Question 13 On March 1st, your company loans a customer $50,000 with an annual interest rate of 9%. The loan matures in 3 months. How much will your company receive in cash when the loan matures in 3 months? $[ans1] Do not include decimals or a dollar sign 61250Step by Step Solution
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