Practice Problem 2
23. Tony's Landscaping Service borrowed $5,000 from a bank by signing a 12%, one-year note on October 1, 2000. The total amount (including interest) of cash paid on October 1, 2001, to the bank is: a. $5,600. b. $5,000. c. $6,200. d. $5,450. 24. Tony's Landscaping Service borrowed $5,000 from a bank by signing a 12%, one-year note on October 1 ... ................
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