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The problem states find the simple interest . Assume a 360 day year. Round result. $17000 at 9% for 119 days. So, I know i have to use the formula I=Prt so my p = 17000; r = 0.09; t= ? how do iwrite out time if it has 119 days and
asked by student on June 28, 2007 
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I had asked on these problems previously but here is my final answers are they correct now... Problem #1 Find the simple interest assume a 360day year. Round result $17000 at 9%for 119 days. My answer: 504.90 Problem #2 Find
asked by student on June 29, 2007 
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the principle B is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money,. Assume there are 360 days in a year and round to the nearest cent. P=$4000, r=6.0%and t=6
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Find the amount of compound interest earned in an account that opens with $27,000, earns 5.8% interest compounded daily, and is held for 5 years. Assume 360 days in a year. (Round your answer to the nearest cent.)
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