SOLUTION: Three years ago, Frank signed a 5 year promissory note for $10,000 plus interest at 12% compounded monthly.

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Question 460362: Three years ago, Frank signed a 5 year promissory note for $10,000 plus
interest at 12% compounded monthly.
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
12% is too much!