Determine the interest rate for a billing period with 30 days for a loan that charges an

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Determine the interest rate for a billing period with 30 days for a loan that charges an annual percentage rate of 11.5%.

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Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

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Question Posted: Mar 27, 2013 06:54 AM

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Determine the interest rate for a billing period with 30 days for a loan that charges an

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Answer09452 Explanation Periodic interest rate is the result of the an...View the full answer

Construction accounting and financial management

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