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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
2 answers
135 views
Fred north owns Redlands farms a successful strawberry farm the strawberry plants increase at a compound rate of 12%per year
2 answers
137 views
You are the accountant for suite dreams a retail furniture store recently an order of sofas and chairs was received from a
1 answer
126 views
Varsity press a publisher of college textbooks received a $70,000 promissory note at 12% ordinary interest for 60 days from one
1 answer
137 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 answer
94 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 answer
141 views