Exact interest method (365 days)

  1. using the exact interest method 365 days, find the amount of interest on the following loans, principal is $1,700, the rate is
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    2. Anonymous asked by Anonymous
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  2. Using the exact interest method (365 days), find the amount of interest on the following loanPrincipal Rate (%) Time (days)
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    2. Anonymous asked by Anonymous
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  3. Exact interest method (365 days) and ordinary interest method (360 days) for $450 loan at 12.9% interest rate 220 days.
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    2. Tiffany asked by Tiffany
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  4. Find the amount of interest on a loan of $10,500, at 9% interest, for 124 days using the exact interest method.
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    2. Brenda asked by Brenda
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  5. What is the maturity value of a 60000 loan for 100 days at 6.1 % interest using the exact interest method?
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    2. Faro asked by Faro
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  6. tony towing borrows of $12,250 at 9.5% interest for 320 days if bank use exact interest method how much interest will the bank
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    2. angela asked by angela
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  7. What is the sum accumulated by $1000 in 85 days at 5% by (i) exact and (ii) banker's interest method
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    2. Tina asked by Tina
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  8. Legitimate Financial Services made a loan at 9.75% interest for 254 days. If the amount of interest was $270.50, use the exact
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    2. Stephanie Lintow asked by Stephanie Lintow
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  9. The total amount of interest on a loan of $6,000 for 150 days is 210.50.Using the ordinary interest method,what is the rate of
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    2. Bonnie asked by Bonnie
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  10. On May 23, Samantha Best borrowed $40,000 from the Tri City Credit Union at 13% for 160 days. The credit union uses the exact
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    2. Anonymous asked by Anonymous
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