A loan of $1,200 at 10% annually made on October 15 and due on March 20 of

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A loan of $1,200 at 10% annually made on October 15 and due on March 20 of the following non-leap year
(a) The exact interest
(b) The ordinary interest. Round answers to the nearest cent.
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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