$10,000 was borrowed at 3.5% on July 17. The borrower repaid $5000 on August 12, and $2000...
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$10,000 was borrowed at 3.5% on July 17. The borrower repaid $5000 on August 12, and $2000 on September 18. What final payment is required on November 12 to fully repay the loan?
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P10000 Rate35 date 17 july Total amount to be paid on 12th August Int...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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