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MNO issues a $77,033, 9-month, 3.6% simple interest note for equipment on August 1. How much interest accrues by December 31 ?
MNO issues a $77,033, 9-month, 3.6% simple interest note for equipment on August 1. How much interest accrues by December 31?
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To calculate the interest accrued on the MNO note by December 31 we need to determine the interest ...
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