What payment is required to pay off a loan of $1,750 at 7.25 % simple interest...
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What payment is required to pay off a loan of $1,750 at 7.25 % simple interest fourteen months later? O $1.898.02 O $1,900.66 O $1.888.25 O $3,526.25 O $1.563.25 What payment is required to pay off a loan of $1,750 at 7.25 % simple interest fourteen months later? O $1.898.02 O $1,900.66 O $1.888.25 O $3,526.25 O $1.563.25
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GIVEN INFORMATION Rate of interest 725 per annum on simple interest Time after which the loan amount ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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