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shuangtan shuangtan
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6 years ago
Todd Smith paid 891.75 in interest on a 9-month note for 8,200. What rate of interest did Todd pay on the note?

Q. 2

You can find the ____________________ by dividing the interest by the principal.
 Fill in the blank(s) with correct word

Q. 3

The sum of the principal and the interest on a loan is the ____________________.
 Fill in the blank(s) with correct word

Q. 4

A(n) ____________________ is a fee charged if you pay a loan off early.
 Fill in the blank(s) with correct word

Q. 5

When you borrow money from a bank or credit union and pay it back in monthly payments, that is referred to as a(n) ____________________.
 Fill in the blank(s) with correct word

Q. 6

The ____________________ tells you how much interest a note is accumulating per day.
 Fill in the blank(s) with correct word

Q. 7

The banker's interest method is also known as the ____________________ method.
 Fill in the blank(s) with correct word
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ignvntignvnt
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6 years ago
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shuangtan Author
wrote...
#2
6 years ago
Marking this solved, moving on to the next...
wrote...
#3
3 years ago
Nice answer
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#4
3 years ago
thank you
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#5
3 years ago
thanks
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#6
3 years ago
thank
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#7
3 years ago
Thank you
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