Calculate the interest for the following: a. $17,000 6% 2 years b. $26,000 12% 6 months c.
Question:
Calculate the interest for the following:
a. $17,000 6% 2 years
b. $26,000 12% 6 months
c. $12,000 13% 110 days
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To calculate simple interest you can use the formula Simple Interest Principal Rate Time Where Princ...View the full answer
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College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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