The interest rate on $27,000 borrowed on October 16, 2011, was 8.7%. How much interest was owed

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The interest rate on $27,000 borrowed on October 16, 2011, was 8.7%. How much interest was owed on the April 15, 2012, repayment date?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:08 AM

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The interest rate on $27,000 borrowed on October 16, 2011, was 8.7%. How much interest was owed

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Number of days April 15 2012 Octob...View the full answer

Business Mathematics In Canada

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