Question
Joanne and Ed Greenwood built a new barn with an attached arena. To finance the loan, they paid $1,279 interest on $44,100 at 3%. What
Joanne and Ed Greenwood built a new barn with an attached arena. To finance the loan, they paid $1,279 interest on $44,100 at 3%. What was the time, using exact interest? (Do not round intermediate calculations. Round up your answer to the nearest day.)
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
