Question
On March 11, Tim signed a 90-day, $3,000 simple interest loan earning 13% ordinary interest. Find the maturity date, interest and maturity value. (interest rate
On March 11, Tim signed a 90-day, $3,000 simple interest loan earning 13% ordinary interest. Find the maturity date, interest and maturity value.
On October 31, David signed a 4-month, $5,000 simple interest loan earning 7%. Find the maturity date, interest and maturity value.
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
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