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Complete the following, using exact interest. (Use Days in a year table.) (Do not round intermediate calculations. Round the Interest and Maturity value to the
Complete the following, using exact interest. (Use Days in a year table.) (Do not round intermediate calculations. Round the "Interest" and "Maturity value" to the nearest cent.)
| Principal | Interest rate | Date borrowed | Date repaid | Exact time | Interest | Maturity value |
| $585 | 9% | June 5 | Dec. 15 | $ | $ | |
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
6th Edition
1260226786, 9781260226782
