Question
Automotive Excellence Inc. borrowed $17000.00 on July 14 with an interest rate of 6.6 % per annum. On September 19 , $ 4600.00 was repaid,
Automotive Excellence Inc. borrowed $17000.00 on July 14 with an interest rate of 6.6 % per annum. On September 19 , $ 4600.00 was repaid, and on November 1 , $ 5800.00 was repaid. Automotive Excellence paid the balance of the loan on December 20. What was the final payment?
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Textbook Of Financial Accounting And Analysis
Authors: Gaurav Agrawal
1st Edition
9350840901, 9789350840900
