Question: Compute the missing amount for each of the following notes: Principal Annual Interest Rate Time Total Interest (a) $40,000 10% 2.5 years ? (b) $120,000
Compute the missing amount for each of the following notes:
Principal Annual Interest Rate Time Total Interest
(a) $40,000 10% 2.5 years ?
(b) $120,000 ? 9 months $7,200
(c) ? 10% 90 days $1,500
(d) $40,000 9% ? $1,200
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