West Highland Bank lent $90,000 to Stephan Stow on a 30-day, 8% note. Record the following transactions
Question:
1. Lending the money on June 12.
2. Collecting the principal and interest at maturity. Specify the date. For the computation of interest, use a 360-day year.
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I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
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