Questions and answers by

Estefany Arjona

Questions (6)

Principal $3,425 time period (years) 11 nominal rate (%) 6.6 interest compounded monthly what’s the compounded amount and
1. 2 answers
2. 163 views
Fred north owns Redlands farms a successful strawberry farm the strawberry plants increase at a compound rate of 12%per year
1. 2 answers
2. 179 views
You are the accountant for suite dreams a retail furniture store recently an order of sofas and chairs was received from a
1. 1 answer
2. 138 views
Varsity press a publisher of college textbooks received a $70,000 promissory note at 12% ordinary interest for 60 days from one
1. 1 answer
2. 162 views
Euromart tile company borrowed $40,000 on April 6 for 66 days the rate was 14% using the ordinary interest method on day 25 of
1. 1 answer
2. 117 views
Katie chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture if the loan was repaid in 2
1. 1 answer
2. 171 views

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