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Automotive excellence inc. borrowed $15000 on july 14 with an interestrate of 4.9% per annum. On septemeber 19, $4700.00 was repaid, and on November 1
Automotive excellence inc. borrowed $15000 on july 14 with an interestrate of 4.9% per annum. On septemeber 19, $4700.00 was repaid, and on November 1 , $5200.00 was repaid. Automotive Excellence paid the balance of the loan on December 20 . What was the final payment?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
