EBK CFIN
6th Edition
ISBN: 9781337671743
Author: BESLEY
Publisher: CENGAGE LEARNING - CONSIGNMENT
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General Accounting
Transcribed Image Text:Mary Singer borrowed $20,000 at an
annual interest rate of 8% and paid
off the loan, principal, and interest
after several years with a $30,000
check. The number of years she has
had the privilege of using the money
is
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