Question
Use the following to answer questions 23 25 The company invested $100,000 on August 1, 20XA at 6% simple interest for 2 years. 23. $______________Determine
Use the following to answer questions 23 25
The company invested $100,000 on August 1, 20XA at 6% simple interest for 2 years.
23. $______________Determine interest revenue for 20XA
24. $_______________Determine interest revenue for 20XB
25. $_______________Determine interest revenue for 20XC
Use the following to answer questions 26 27 The company invested $100,000 on April 1, 20XA at 8% simple interest for 1 year.
26. $______________Determine interest revenue for 20XA
27. $______________ Determine interest revenue for 20XB
Use the following to answer questions 28 30 The company lent $200,000 on November 1, 20XA at 9% simple interest for 18 months.
28. $______________Determine interest revenue for 20XA
29. $_______________Determine interest revenue for 20XB
30. $_______________Determine interest revenue for 20XC
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