Question: Simon Leung has a personal loan of $21,000.00 with an interest rate of 15% per annum, calculated and compounded monthly. Assuming that no principal payments

Simon Leung has a personal loan of $21,000.00 with an interest rate of 15% per annum, calculated and compounded monthly. Assuming that no principal payments are made, what amount of interest only will Leung owe at the end of three months?

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Question: Simon Leung has a personal loan of $21,000.00 with an interest rate of 15% per annum, calculated and compounded monthly. Assuming that no principal payments

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