How much interest will have to be paid on a loan of $11952 for 7 months at a simple interest rate of 11 3 per year How much interest will have to be paid on a loan of $11952 for 7 months at a simple interest rate of 11 3 per year ...

To calculate simple interest on the loan we will need to multiply princi ...

How much interest will have to be paid on a loan of $11952 for 7 months...

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Apr 29, 2024 03:49 AM

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How much interest will have to be paid on a loan of $11952 for 7 months...

Question:

How much interest will have to be paid on a loan of $11952 for 7 months at a simple interest rate of 11.3% per year? How much interest will have to be paid on a loan of $11952 for 7 months at a simple interest rate of 11.3% per year?

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To calculate simple interest on the loan we will need to multiply princi... View the full answer

Advanced Accounting

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