A debt of $2,500 at 5% simple interest is due two years from today. debtor makes a
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A debt of $2,500 at 5% simple interest is due two years from today. debtor makes a payment of $650 six months from now and 10 months after this payment makes a second payment of $1000, Calculate the balance at the end of the two years, apply commercial rule and the USA rule
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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