10. A loan of $14,064was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 5.8% annual rate of interest was charged? The amount of the repayment check was $
10. A loan of $14,064was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 5.8% annual rate of interest was charged? The amount of the repayment check was $
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 15MC: Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual...
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10. A loan of $14,064was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 5.8% annual rate of interest was charged?
The amount of the repayment check was $
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