You are the accountant for Peel Credit Union. The lawyer for a member has sent a cheque

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You are the accountant for Peel Credit Union. The lawyer for a member has sent a cheque for $7345.64 in full settlement of the member’s loan balance including interest at 6.25% for 11 months. How much of the payment is interest?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:40 AM

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You are the accountant for Peel Credit Union. The lawyer for a member has sent a cheque

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S 734564 r 00625 t ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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