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Jacques has just been notified that the combined principal and interest on an amount he borrowed 19 months ago at 8.0% compounded monthly is now
Jacques has just been notified that the combined principal and interest on an amount he borrowed 19 months ago at 8.0% compounded monthly is now $2,497.78. How much of this amount is principal and how much is interest? (Do not round intermediate calculations and round your final answers to 2 decimal places.) 
Jacques has just been notified that the combined principal and interest on an amount he borrowed 19 months ago at 8.0% compounded monthly is now $2,49778. How much of this amount is principal and how much is interest? (Do not round Intermediate calculations and round your final answers to 2 decimal places.) Principal portion Interest portion
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
