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Max Wholesaler borrowed $4500 on 11%, 120-day note after 45 days max paid $1575 on the note 30 days later Max Paid an additional 1003 $150 use ordinary interest determine the to…

Max Wholesaler borrowed $4500 on 11%, 120-day note after 45 days max paid $1575 on the note 30 days later Max Paid an additional 1003 $150 use ordinary interest determine the to…
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Max Wholesaler borrowed $4500 on 11%, 120-day note after 45 days max paid $1575 on the note 30 days later Max Paid an additional 1003 $150 use ordinary interest determine the total interest is in the U.S. Rule

asked
User Kmdsax
by
7.8k points

1 Answer

4 votes

Answer:

a) 183.75

b) 386.25

i believe thats right, i am very sorry if i am wrong

answered
User Keir Nellyer
by
8.4k points
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