RMB Equipment charged interest at 2% p.a. on overdue accounts. An invoice for $21 000, plus interest,
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RMB Equipment charged interest at 2% p.a. on overdue accounts. An invoice for $21 000, plus interest, was paid 35 days past the due date. How much interest was paid?
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
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