On April 1, The Red Velvet Bakery signed a $8400 bank note with a simple interest rate

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On April 1, The Red Velvet Bakery signed a $8400 bank note with a simple interest rate of 4.5% for 180 days. The company made a partial payment of $2900 on June 1. How much will the bakery owe on the date of maturity?

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Related Book For  answer-question

A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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