Question
Joe Hale goes to a credit union and borrows 23,000 at 8% for 119 days. If the credit union calculates interest by the exact interest
Joe Hale goes to a credit union and borrows 23,000 at 8% for 119 days. If the credit union calculates interest by the exact interest method, What is the amount of interest on the loan?
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Understanding the Law
Authors: Donald L. Carper, John A. McKinsey
6th edition
538473592, 978-0538473590
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