FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Billy borrowed $14,140.00 to buy a car. If interest was charged on the loan at 9.06% p.a., how much interest would Billy have to pay in 240 days? The interest charged would be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Transcribed Image Text:Billy borrowed $14,140.00 to buy a car. If interest was charged on the loan at 9.06% p.a., how much interest would Billy have to pay in 240 days? The interest charged would be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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