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Other Fields Homework Help Management Topic started by: pompa on Mar 6, 2017



Title: Aunt Tilly borrows $3,500 from the bank at 12 percent annually compounded interest to be repaid in ...
Post by: pompa on Mar 6, 2017
Aunt Tilly borrows $3,500 from the bank at 12 percent annually compounded interest to be repaid in four equal annual installments. The interest paid in the first year is ________.
A) $ 152
B) $ 277
C) $ 420
D) $1,152


Title: Re: Aunt Tilly borrows $3,500 from the bank at 12 percent annually compounded interest to be repaid ...
Post by: alovely on Mar 6, 2017
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Title: Re: Aunt Tilly borrows $3,500 from the bank at 12 percent annually compounded interest to be repaid ...
Post by: Karam Alhaj on Jul 28, 2020
Thanks