Answered: A bank charges 11% discount on short…

A bank charges 11% discount on short term loan& Find the sum received by the borrower who requests Php1,500 from October 3, 2011 to March 01, 2012, Use exact simple interest

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

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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2. A bank charges 11% discount on short term loan& Find the sum received by the borrower
who requests Php1,500 from October 3, 2011 to March 01, 2012, Use exact simple interest.

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