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Suppose you borrowed $112,500 at 5 ½ % interest on June 10 for 72 days. Your bank uses the exact interest method. Determine the amount of interest on the loan?

Respuesta :

suppose you borrowed $112,500 at 51/2% interest on June 10 for

72days. your bank uses the exact interest method. Determine the amount of interest on the loan?

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