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can't find the right answer On May 3, 2020, Leven Corp. negotiated a short-term loan of $915,000. The loan is due October 1, 2020, and
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On May 3, 2020, Leven Corp. negotiated a short-term loan of $915,000. The loan is due October 1, 2020, and carries a 7.10% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? (Use Days in a year table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete but not entirely correct. Maturity value $ 27,429.67Step by Step Solution
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