Determine the interest on the following notes. (Round to the nearest cent.) a. $38,760 at 10 percent

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Determine the interest on the following notes. (Round to the nearest cent.)
a. $38,760 at 10 percent for 90 days.
b. $27,200 at 12 percent for 60 days.
c. $30,600 at 9 percent for 30 days.
d. $51,000 at 15 percent for 120 days.
e. $18,360 at 6 percent for 60 days.

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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