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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 6
What is the maturity value of a $60,000 loan for 100 days at 12.2% interest using the exact interest method?
Explanation
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First find the amount of interest of the...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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