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Compute the missing amount for each of the following notes: Principal Annual Interest Rate Time Total Interest (a) $50,000 5% 2.5 years $ (b) $120,000
Compute the missing amount for each of the following notes:
| Principal | Annual Interest Rate | Time | Total Interest | |||
| (a) | $50,000 | 5% | 2.5 | years | $ | |
| (b) | $120,000 | % | 9 | months | $7,200 | |
| (c) | $ | 9% | 90 | days | $1,350 | |
| (d) | $60,000 | 6% | months | $1,200 |
|
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
