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Question 7 of 9 Adrian loaned $68,000 to a small business at 4.96% compounded monthly for 1 year and 6 months. How much would
Question 7 of 9 Adrian loaned $68,000 to a small business at 4.96% compounded monthly for 1 year and 6 months. How much would the business have to repay her at the end of the period? Round to the nearest cent Question 8 of 9 Amy was charged interest of $67 for a loan amount of $2,200 that she borrowed for 170 days. What annual rate of simple interest was charged? % Round to two decimal places
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
11th Edition
111856667X, 978-1118566671
