calculate the interest produced by the following three capitals, placed at interest simple, at an annual rate

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calculate the interest produced by the following three capitals, placed at interest simple, at an annual rate of 12%:

a) 1st capital: 35000 placed from April 5 to July 15 of the same year;

b) 2nd capital: 40000 placed from April 1 to August 25 of the same year;

c) 3rd capital: 50000 placed from April 9 to October 19 of the same year.

Related Book For answer-question

Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: May 18, 2022 07:58 AM

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calculate the interest produced by the following three capitals, placed at interest simple, at an annual rate

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Answers A Interest on 1st capital 35... View the full answer

Real Estate Finance and Investments

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