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Problems 17-22 refer to the table below. What is missing in Q17? You need also to figure out other missing clues to answer the problem
Problems 17-22 refer to the table below. What is missing in Q17? You need also to figure out other missing clues to answer the problem correctly.
Principal | APR simple | (a)T-t | (b)$ Int | MV | d | (c) B | (d) D |
$ 140,000.00 | 6% |
| $ 5,775.00 | Q17 | 4% | Q18 | Q19 |
T (in days) | T to M (in yrs) | t0 | t1 | t1 - t0 | M date (T) |
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|
270 |
| 15-Mar | 15-Sep |
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Principal | APR comp | T (in yrs) | m | n | $ Int | FV | r* (APY) |
$ 1,500.00 | 7.25% | 1 | 360 |
| $ 112.78 | Q20 |
|
$ 48,000.00 | 6.50% | 6 | 4 |
|
| Q21 | Q22 |
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