Find the amount (in $) of interest on the loan.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Find the amount (in $) of interest on the loan.
Principal Rate (%)
$90,000
72²-2
73
4
Time
9 months.
$
Interest](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ac6adb4-73a5-4925-94d0-7190cea724a2%2F241bbc3e-5aa6-4918-a74c-20f94b7b3903%2Fpke0u7i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Find the amount (in $) of interest on the loan.
Principal Rate (%)
$90,000
72²-2
73
4
Time
9 months.
$
Interest
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