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Central Auto Parts borrowed $ 4 5 0 , 0 0 0 at 9 % interest on July 1 0 for 1 2 0 days.
Central Auto Parts borrowed $ at interest on July for days.
a
If the bank uses the ordinary interest method, what is the amount in $ of interest on the loan?
$
Incorrect: Your answer is incorrect.
b
What is the maturity date?
Select
Incorrect: Your answer is incorrect.
Incorrect: Your answer is incorrect.
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