Find the ordinary interest on a loan of $350 at 12% annually made on July 9 and due October 31.

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Find the ordinary interest on a loan of $350 at 12% annually made on July 9 and due October 31.

Find the ordinary interest on a loan of $350 at 12% annually made on July 9 and due October 31.
A) $363.30
B) $42.00
C) $13.18
D) $13.30

Textbook

Business Math

Edition: 10^th

Authors: Cleaves, Hobbs, Noble

Read 369 times

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rolpace88 Author

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8 years ago

That is correct Slight Smile

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Million

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8 years ago

You're welcome

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Simon W.

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4 years ago

Thanks!

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