36. Calculate interest at 13% by daily product method from the following information: Date 6th June...

 

Transcribed Image Text:

36. Calculate interest at 13% by daily product method from the following information: Date 6th June 2006 14th June 2006 16th June 2006 Money Borrowed 3,000 1,500 2,500 7,000 Date 10th June 2006 21st June 2006 25th June 2006 30th June 2006 Money Repaid 2,500 3,200 800 500 7,000 36. Calculate interest at 13% by daily product method from the following information: Date 6th June 2006 14th June 2006 16th June 2006 Money Borrowed 3,000 1,500 2,500 7,000 Date 10th June 2006 21st June 2006 25th June 2006 30th June 2006 Money Repaid 2,500 3,200 800 500 7,000

Answer rating: 100% (QA)

To calculate the interest at 13 by the daily product method we need to know the number of d... View the full answer