The interest paid for the loan will be:
I=(PRT)/100
P=$749.25
R=12%
T=120 days=120/30=4 months=1/3 years
Hence:
I=(749.25×1/3×12)/100
I=$29.97
The proceeds will be:
Net proceeds=(gross proceeds)-(expenses)
=749.25-29.97
=$719.28
Answer:
The answer for 24 is B, so its 7.50
Answer:
1200
Step-by-step explanation:
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Answer:
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Step-by-step explanation:
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