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John borrowed $3,000 on May 2 at 10%. He paid $1,000 on June 1 and $1,000 on July 16. Using the declining balance method, find
John borrowed $3,000 on May 2 at 10%. He paid $1,000 on June 1 and $1,000 on July 16. Using the declining balance method, find the outstanding balance on August 15.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
