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4 August, 00:54

What is the interest due at maturity for a $1800 note borrowed for 2.5 years at a rate of 14.0%

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Answers (2)
  1. 4 August, 01:10
    0
    Formula is A=P (1+rt)

    A=1800 (1 + (.14) (2.5))

    A=2430

    so your interest due would be $630
  2. 4 August, 01:45
    0
    This is a hard question good luck
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