Lucky Champ owes $191.25 interest on a 6% loan he took out on his March...
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Accounting
Lucky Champ owes $ interest on a loan he took out on his March birthday to upgrade an oven in his Irish restaurant, Luckys Pub and Grub. The loan is due on August What is the principal assume ordinary interest Interest on note: $ Interest rate: Note dated: Note due date: Days in year ordinary interest: Required: What is the term of the loan in days What is the principal on the note?
Lucky Champ owes $ interest on a loan he took out on his March birthday to upgrade an oven in his Irish restaurant, Luckys Pub and Grub. The loan is due on August What is the principal assume ordinary interest
Interest on note: $
Interest rate:
Note dated:
Note due date:
Days in year ordinary interest:
Required:
What is the term of the loan in days
What is the principal on the note?
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