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ANSWER BOTH PARTS STEP BY STEP AND SHOW ALL CALCULATIONS 1b: Compute the amount of interest on $875.00 at 11.5% p.a. from May 29, 2017

ANSWER BOTH PARTS STEP BY STEP AND SHOW ALL CALCULATIONS

1b: Compute the amount of interest on $875.00 at 11.5% p.a. from May 29, 2017 to August 13, 2017.

1a: Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at 9.0%.

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