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Can you explain how they got this answer A loan for $2,500 with a simple annual interest rate of 17% was made on September 14
Can you explain how they got this answer
A loan for $2,500 with a simple annual interest rate of 17% was made on September 14 and was due on November 14 . Find the ordinary interest. Click the icon to view the table of the sequential numbers for dates of the year. The ordinary interest was $ (Round to the nearest cent as needed.) Step by Step Solution
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
4th Edition
0131797395, 978-0131797390
