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



Title: Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in ...
Post by: betterway on Mar 6, 2017
Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in six equal annual installments. The interest paid in the first year is ________.
A) $1,155
B) $2,481
C) $ 144
D) $1,327


Title: Re: Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid ...
Post by: donnaban on Mar 6, 2017
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Title: Re: Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in ...
Post by: betterway on Jul 4, 2017
;D Thanks


Title: Re: Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid ...
Post by: Shantassia Murphy on Oct 14, 2020
Awesome, thank you