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Using the Exact Interest rule,
Using the Exact Interest rule, compute the interest on the following note:
$9,000 for 45 days at 23.5%. (round to the nearest
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asked by
roxy
450 views
RM 2000 was invested on 15march 2012. If the simple interest rate offered was 10% per annum, find the interest received on 29
1 answer
asked by
mariam
1,156 views
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
asked by
Anonymous
770 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
1,142 views
A man borrowed 30,000 on July 8, 2018. How much interest will he pay on May 8, 2019 at 12% using exact interest and exact time?
1 answer
asked by
Quas
435 views
How do I find the exact interest on a loan for $3000 with a simple interest annual interest rate of 15% that was made on June 11
1 answer
asked by
Greg
1,261 views
John Davis has a single payment loan for $7,500. The interest rate is 13% for 135 days, exact interest. What is the interest
1 answer
63 views
John Davis has a single payment loan for $7,500. The interest rate is 13% for 135 days, exact interest. What is the interest
1 answer
71 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
2,555 views
Find the simple interest on a $2,200 loan at 7% interest for 100 days. Use the
Banker’s rule, then compare to the amount of
2 answers
asked by
Irene
699 views