Calculate the interest for the following. Assume a 360-day year. a. $14,000 3% 2 years b. $20,000

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Calculate the interest for the following. Assume a 360-day year.

a.

$14,000

3%

2 years

b.

$20,000

11%

10 months

c.

$10,500

14%

120 days

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Related Book For  answer-question

College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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