Calculate the interest for the following: a. $10,000 5% 1 year b. $25,000 8% 6 months c.

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Calculate the interest for the following:

a. $10,000 5% 1 year
b. $25,000 8% 6 months
c. $ 9,500 18% 80 days

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College Accounting A Practical Approach Chapters 1-25

ISBN: 9780133791006

13th Edition

Authors: Jeffrey Slater

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Question Posted: Aug 15, 2023 06:41 AM

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Calculate the interest for the following: a. $10,000 5% 1 year b. $25,000 8% 6 months c.

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To calculate the interest for each scenario you can use the formula for simple interest In...View the full answer

College Accounting A Practical Approach Chapters 1-25

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