EZ Loan Company loaned $500 at 8% annual interest compounded quarterly for one year. Use Table 13

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EZ Loan Company loaned $500 at 8% annual interest compounded quarterly for one year. Use Table 13 - 1 or the appropriate formula to calculate the amount the loan company will earn in interest?

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Question Posted: Mar 11, 2016 01:53 AM

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EZ Loan Company loaned $500 at 8% annual interest compounded quarterly for one year. Use Table 13

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Business Math

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