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Exact interest method (365 days)
using the exact interest method 365 days, find the amount of interest on the following loans, principal is $1,700, the rate is
2 answers
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Anonymous
774 views
Using the exact interest method (365 days), find the amount of interest on the following loan
Principal Rate (%) Time (days)
2 answers
asked by
Anonymous
1,145 views
Exact interest method (365 days) and ordinary interest method (360 days) for $450 loan at 12.9% interest rate 220 days.
1 answer
asked by
Tiffany
698 views
Find the amount of interest on a loan of $10,500, at 9% interest, for 124 days using the exact interest method.
1 answer
asked by
Brenda
2,556 views
What is the maturity value of a 60000 loan for 100 days at 6.1 % interest using the exact interest method?
1 answer
asked by
Faro
217 views
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
4 answers
asked by
angela
2,334 views
What is the sum accumulated by $1000 in 85 days at 5% by (i) exact and (ii) banker's interest method
1 answer
asked by
Tina
49 views
Legitimate Financial Services made a loan at 9.75% interest for 254 days. If the amount of interest was $270.50, use the exact
1 answer
asked by
Stephanie Lintow
1,430 views
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
2 answers
asked by
Bonnie
661 views
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
2 answers
asked by
Anonymous
469 views