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Exotic Furnishings Ltd . has a line of credit secured by the equity in the business. The limit on the line of credit is $
Exotic Furnishings Ltd has a line of credit secured by the equity in the business. The limit on the line of credit is $ Exotic owed $ on its line of credit on April The line of credit agreement requires a regular payment of $ on the principal plus interestincluding overdraft interest by electronic transfer after closing on the last day of each month. Overdraft interest is pa The line of credit interest is variable. It was on April effective June and effective September a Calculate the interest payments on April May June July August and September b What is the account balance on September
Exotic Furnishings Ltd has a line of credit secured by the equity in the business. The limit on the line of credit is $ Exotic owed $ on its line of credit on April The line of credit agreement requires a regular payment of $ on the principal plus interestincluding overdraft interest by electronic transfer after closing on the last day of each month. Overdraft interest is pa The line of credit interest is variable. It was on April effective June and effective September
a Calculate the interest payments on April May June July August and September
b What is the account balance on September
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