Slingerland Borrowed $8,000 on July 20, at 11% Interest

question 13

Multiple Choice

Slingerland borrowed $8,000 on July 20, at 11% interest. If the loan was due on October 17, what was the amount of interest on the loan using the exact interest method?

• A) $263.01
• B) $273.06
• C) $214.58
• D) $285.20

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Resent

To feel bitterness or indignation due to perceived unfairness or offense.

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An ethical principle that suggests treating others as one would like to be treated oneself.

Ethical Problems

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