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Compute the Missing Amount for Each of the Following Notes

Question 52

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Compute the missing amount for each of the following notes:  Principal  Annual Interest Rate  Time  Total Interest  (a) $40,00010%2.5 years ? (b) $120,000?9 months $7,200 (c) ?10%90 days $1,500 (d) $40,0009%?$1,200\begin{array} { c c c c c } & \text { Principal } & \text { Annual Interest Rate } & \text { Time } & \text { Total Interest } \\\hline \text { (a) } & \$ 40,000 & 10 \% & 2.5 \text { years } & ? \\\hline \text { (b) } & \$ 120,000 & ? & 9 \text { months } & \$ 7,200 \\\hline \text { (c) } & ? & 10 \% & 90 \text { days } & \$ 1,500 \\\hline \text { (d) } & \$ 40,000 & 9 \% & ? & \$ 1,200 \\\hline\end{array}

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