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Posted by on Monday, April 23, 2012 at 9:51pm.

Bill Moore is buying a used Winnebago. His April monthly interest at 10% was $128.

What was Bill’s principal balance at the beginning of April? (Use 360 days a year. Do not round intermediate calculations. Omit the "$" sign in your response.)

  • business Maths - , Monday, April 23, 2012 at 9:52pm

    Principal $ 15,360

    Explanation:
    $128 = $128 = $15,360
    0.10 × 30 / 360 0.00833

  • business Maths - , Monday, April 23, 2012 at 9:54pm

    Principal $ 15,360

    Explanation:
    $128 $128
    _______________ =________ =$15,360
    0.10 × 30 / 360 0.00833

  • business Maths - , Wednesday, February 6, 2013 at 10:14am

    2/10, n/30 $1125 find complement and net amount paid

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