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The lawyer for a credit union member has sent a cheque for $3025.69 in full settlement of the member's loan 1 balance including interest at
The lawyer for a credit union member has sent a cheque for $3025.69 in full settlement of the member's loan 1 balance including interest at 9% for 3 months. How much of the payment is interest? 4 The amount of the payment that is interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Step by Step Solution
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
