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Exercise 10-2 (Part Level Submission) On May 15, Wild Quest Clothiers borrowed some money on a 5-month note to provide cash during the slow season
Exercise 10-2 (Part Level Submission) On May 15, Wild Quest Clothiers borrowed some money on a 5-month note to provide cash during the slow season of the year. The interest rate on the note was 8%. At the time the note was due, the amount of interest owed was $600. (a) Determine the amount borrowed by Wild Quest. (Round intermediate calculation to 6 decimal places, e.g. 1.251241 and final answer to 0 decimal places, e.g. 125.) Amount borrowed by Wild Quest Click if you would like to Show Work for this question: Open Show Work Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above
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