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What is the total amount leven would pay on maturity date

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On May 3, 2020, Leven Corp. negotiated a short-term loan of $900,000. The loan is due October 1, 2020, and carries a 7.00% interest rate. Use ordinary interest to calculate the interest.

Problem 1: What is the total amount Leven would pay on the maturity date?

Reference no: EM132656170

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