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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 66
Interest calculated solely on the principal amount borrowed is known as _____interest, whereas interest calculated at regular intervals on the principal and previously earned interest is known as ____interest. (10-1)
Explanation
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Interest is the price or rental fee char...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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