Calculate the interest you gain by investing 20000 dollars for 31 days at the simple annual...

Question

Question

Calculate the interest you gain by investing 20000 dollars for 31 days at the simple

annual interest rate of 9%, using convention “Actual/360”.

Answer 1

Answer #1

Poincipal = 20000 rake of interest R=9% time perry s 31 days using conventions actual 360 Interest I TTTTTTT PIR = Too - Rau

Answer 2

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